In 2017, inflation is expected to remain at the level of 5-7% - National Bank

Bishkek, Feb. 14 / Kabar /. In 2016 the inflation process in Kyrgyzstan slowed, chairman of the National Bank of Kyrgyzstan Tolkunbek Abdygulov told today during the press conference at Kabar News Agency.

He said that the average inflation rate for the entire period made + 0.4%.

"At that, by the end of 2016, prices fell by (-) 0.5%. Deflation or negative price growth was observed in the last 4 months of 2016. However, recent data show positive results, + 0.5% in January 2017 compared to January 2016," he said.

Also the head of the National Bank of the Kyrgyz Republic said that in 2017 it is expected that inflation will be remained at the level of 5-7%.