Country Economic Forecasts > Kazakhstan - Oxford Economics Services

Country Economic Forecasts > Kazakhstan

Country Economic Forecasts > Kazakhstan - Oxford Economics Services
Country Economic Forecasts > Kazakhstan
Published Oct 07, 2015
5 pages — Published Oct 07, 2015
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

The Kazakhstan tenge (KZT) remains underpressure despite a fall of over 20% immediately after the introduction of a freely-floatingexchange rate in August. The tenge is currently trading at about KZT273 to the US$,down 27.5% from the low point of the previous trading corridor. The centralbank has hiked its policy rate from 12% to 16% in an attempt to steady the KZT,control inflation and combat rising dollarization. Inflation jumped from a 16-yearlow of 3.8% in August to 4.6% in September as prices rose 1.2% on the month, pushedup by the lower KZT. In addition, some petrol prices were deregulated,resulting in overall gasoline prices jumping 13.2% on the month. We expectinflation to breach the upper end of the 6-8% inflation target but remain in singledigits, averaging 5.2% this year and 7.7% in 2016. The economy is weakeningfurther as a result of the headwinds, including weak oil and metal prices and recessionin Russia. Industrial output fell 0.6% on the year in January-August and we nowsee GDP growth slowing to 1.5% this year. Growth should recover to just over 3%in 2016, helped by improved competitiveness and spending for Expo 2017, with afurther pick up to 5-5.5% in 2017-18 as oil and metal prices start to recover.

  
Source:
Document ID
317550
Country
Format:
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Sections

Title
Kazakhstan:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Kazakhstan" Oct 07, 2015. Alacra Store. Nov 04, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Kazakhstan-2111-5448>
  
APA:
Oxford Economics Services. (2015). Country Economic Forecasts > Kazakhstan Oct 07, 2015. New York, NY: Alacra Store. Retrieved Nov 04, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Kazakhstan-2111-5448>
  
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