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Kazakhstan's inflation slows to 4.8 pct in 2013 - stats agency
December 31, 2013 / 1:32 PM / 4 years ago

Kazakhstan's inflation slows to 4.8 pct in 2013 - stats agency

ALMATY, Dec 31 (Reuters) - Annual inflation in Kazakhstan slowed to 4.8 percent in 2013 from 6.0 percent a year earlier, coming in well below the 6-8 percent corridor set by the central bank and the government, statistics agency data showed on Tuesday.

Steadily declining consumer prices in the oil-rich nation of 17 million prompted the central bank in August last year to cut its refinancing rate to a historic low of 5.5 percent.

Reporting by Mariya Gordeyeva; Writing by Dmitry Solovyov; editing by Patrick Graham

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