The dashboard allows you to understand what phase of the short-term cycle the economy is in, as well as predict the likely actions of economic agents (inflation, exchange rate, business activity, rate).
According to the results of the developed dashboard, 22 out of 29 factors indicate a steady overheating of the economy. The analysis was carried out in 4 blocks: inflation, monetary, economic and external terms. A semantic analysis of the National Bank of the Republic of Kazakhstan press release was also carried out.
1 indicator in the inflation block and 2 in the monetary terms block have moved into the cooling zone compared to the previous dashboard. However, the increased overheating in the previously observed indicators brings the attention of the Government and the National Bank of the Republic of Kazakhstan to continue assuming measures to stabilize the situation. We expect a further increase in the base rate at the next meeting of the National Bank of the Republic of Kazakhstan Monetary Policy Committee.
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Ежемесячный обзор инфляции: причины, компоненты, прогнозы
The Short-term Economic Indicator showed solid growth and amounted to 5.0% in the first month of 2023.