OGResearch Macro Portal Newsletter -- July 2019

 

July 31, 2019

July forecast highlights:

Kazakhstan

  • Presidential handover has not caused destabilization
  • Food inflation accelerated in the first half of 2019
  • NBK communication has turned hawkish recently

Azerbaijan

  • Improving external balance has led to foreign reserves accumulation
  • Inflation on the rise in recent months
  • Gas extraction to support GDP growth in the coming years

Forecast schedule:

July full updates:

  • Azerbaijan
  • Kazakhstan

Coming next month:

  • Armenia - Aug 5
  • Cambodia - Aug 19
  • Tajikistan - Aug 19