The Consumer Confidence Index (CCI) has been gradually declining since early January after active growth in late 2023. It is still in the positive zone, though. Inflation is also slowing down, which is why Kazakhstanis less often report price increases looking back to last year and last month. They’ve also been less worried about possible price surges in the future. At the same time, people have become a bit more anxious about the risk of unemployment and switched their behavior from spending to saving mode.

Anastasiya Sablina

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Careful start: Consumer confidence is fading away just as the year begins