Kyrgyzstan discloses inflation target for 2025

BISHKEK, Kyrgyzstan, December 31. The National
Bank of Kyrgyzstan plans to keep inflation within the target range
of 5-7 percent in 2025, Trend reports.

According to the bank’s monetary policy plan for 2025, inflation
expectations among businesses and households are weakening, and
core inflation is steadily decreasing. As before, changes in state
tariff policies continue to contribute to the overall price
level.

The high level of excess liquidity in the banking system is
actively managed by the National Bank through monetary tools to
maintain a balanced level of money supply in the economy.

The Eurasian Development Bank (EDB) forecasts inflation in
Kyrgyzstan to be around 5 percent in 2025. The EDB attributes this
to rising global commodity prices, higher interest rates, and
cooling consumer demand.

As of December 20, 2024, inflation in Kyrgyzstan stood at 6.2
percent. The National Bank of Kyrgyzstan expects inflation to stay
below 6.5 percent by the end of the year.