Kyrgyzstan’s GDP fell 8.1% year-on-year in the first 11 months of 2020, and the consumer price index rose 7.2%
Bishkek News: According to the Kabar State News Agency of Kyrgyzstan on December 10, the State Statistics Commission of Kyrgyzstan recently released the country’s economic indicators from January to November 2020.
According to official statistics, Kyrgyzstan’s GDP fell 8.1% year-on-year in the first 11 months of 2020; the consumer price index rose 7.2% during the same period.
According to the report, according to preliminary statistics, Kyrgyzstan’s GDP from January to November 2020 was about 511 billion som (about 6.03 billion US dollars), a decrease of 8.1% compared with the same period in 2019.
During the same period, the domestic consumer price in Kyrgyzstan rose 7.2% year-on-year overall.” The price of food and non-alcoholic beverages rose 13.2% year-on-year; the price of tobacco and alcohol commodities rose 6.2%; the consumer price of residential services rose 2.2%; and the price of non-food goods rose 1.2%.
It is also reported that the statistics show that Kyrgyzstan received about $398 million in foreign direct investment in the first nine months of 2020, a year-on-year decrease of 30.9%.