Kyrgyzstan intends to reduce inflation to the lowest level in Central Asia by the end of 2027

From 1 January 2027, a State Programme to Curb Inflation will come into force in Kyrgyzstan. The authorities expect that by the end of 2027, the country will have the lowest inflation rate among the states of Central Asia. This was announced by the President’s press secretary, Askat Alagozov.

“God willing, we have high hopes for this — we will end 2027 with the lowest inflation rate among the countries of Central Asia,” he wrote.

The National Bank of Kyrgyzstan’s inflation target is 5–7 per cent over the medium term. The Cabinet of Ministers’ plan to stabilise prices for 2026–2027 also aims to keep inflation within 7 per cent.

However, current figures are still significantly above the target level. According to data from the National Statistical Committee, consumer prices rose by 8.1 per cent in January–September 2026 compared with December 2025. Average annual inflation for this period stood at 11 per cent. Foodstuffs and services were the main drivers of price rises.

Earlier, the Cabinet of Ministers presented an action plan to stabilise prices for 2026–2027. It provides for an increase in domestic meat production, support for agricultural producers, the development of warehousing infrastructure, ensuring the domestic market is supplied with wheat, and reducing the number of intermediaries in the sale of agricultural produce. The total funding allocated for these measures amounts to 36.6 billion KGS.