The day before, management of the National Bank of
According to him, inflation in
As of March 17, inflation in annual terms amounted to 2.6 percent.
«Economic activity in the country is supported by the gradual restoration of domestic consumption. Positive trends in the development of production in the main sectors of the economy retained," Tolkunbek Abdygulov said.
The National Bank head noted that the previously adopted measures on easing monetary conditions contributed to the reduction of
According to the forecasts of the National Bank, moderate inflation is expected in the near future, the value of which will approach the lower boundary of the target 5–7 percent.
In these conditions and in the absence of external and internal inflationary risks, preservation of the discount rate at five percent will help to support the growth rates of the economy, the NB head noted.
The next meeting of the National Bank on the discount rate will be held on May 29.