Quarterly Macroeconomic Report

Expert Survey Results Q1-Q2 2022

PwC Kazakhstan presents the eighth issue of the Quarterly Macroeconomic Report. The study is based on expert estimates and forecasts of macroeconomic indicators of the Kazakhstan economy.

Key findings of the study:

  • 75% of respondents believe that Kazakhstan is at the stage economic recoveryand growth
  • 66% of respondents expect the price of Brent oil to be above $120 per barrel during the year
  • 55% of respondents expect the USD/KZT rate to be no higher than 510 during the year
  • 92% of respondents expect inflation during the year to be less than or equal to 17%
    75% of respondents expect the NBRK base rate to be less than or equal to 14.5% during the year
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