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Quarterly Macroeconomic Report

Expert Survey Results Q3 2021

PwC Kazakhstan presents the sixth issue of the Quarterly Macroeconomic Report. The study is based on expert estimates and forecasts of macroeconomic indicators of the Kazakhstan economy.

Key findings of the study:

  • 44% of the respondents expect to see a K-shaped recovery after the crisis caused by the pandemic
  • 56% of the respondents predict that one year from now the oil price will be not below $60
  • 75% of the respondents think that in one year the USD/KZT rate will be less than 450
  • 75% of the respondents expect that in one year the inflation rate will be less than or equal to 8.4%
  • 63% of the respondents predict that the NBRK base rate will be greater than or equal to 9.25% one year from now

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