Eurasia / Data

Kazakh GDP growth at 4.3% in Jan-Sept

bne IntelliNews October 19, 2017

Nine-month figure maintains momentum of 4.2% posted for first half of year, growth very much reliant on mild Russian economic recovery and relaunch of giant Kashagan oil field.

Investment revives within Eurasian Economic Union after 3-year decline

Clare Nuttall in Bucharest October 16, 2017

Last year saw total mutual FDI stock within the bloc reach $26.8bn with Russia remaining responsible for the lion’s share of outward investment.

Azerbaijan’s economy forecast to shrink 1% this year

bne IntelliNews September 15, 2017

Azerbaijan’s economy will shrink by 1% this year, according to the latest IMF forecast, but will return to growth next year with a 2% expansion, the fund predicts.

Kazakh central bank revises 2017 growth forecast up to 3.1%

bne IntelliNews August 24, 2017

The National Bank of Kazakhstan has revised its 2017 GDP growth forecast from 2.8% to 3.1%, the bank said on August 22.

Kazakh central bank cuts policy rate further by 25 basis points to 10.25%

bne IntelliNews August 22, 2017

Kazakhstan’s central bank cut its key policy rate by 25 basis points to 10.25% on August 21. At the same time, the bank said it is aiming to maintain the rate four percentage points above the level of inflation.