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National Bank of Kazakhstan publishes results of expert macroeconomic survey

The National Bank of Kazakhstan has published the results of a macroeconomic survey of 14 organizations. Experts revised their inflation forecasts downward.

The National Bank of Kazakhstan published the results of a macroeconomic survey among 14 organizations, including professional market participants, research institutes, international organizations, and rating agencies. Experts revised their inflation forecasts downward to 9.5% for 2026, 8.3% for 2027, and 6.9% for 2028.

The forecast for Kazakhstan’s GDP growth in 2026 remained at 4.8%. Growth of 4.7% and 4.4% is expected for 2027 and 2028, respectively. The survey reflects independent expert assessments and does not contain forecasts from the National Bank itself.

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