FX.co ★ Kyrgyzstan Inflation Approaches 2-Year High

The headline inflation rate in Kyrgyzstan rose to 9.3% in October 2025, up from 8.4% the previous month. This rate remains close to the two-year high of 9.5% recorded in August, due to capacity constraints and the impact of Western sanctions affecting the availability of goods in economies linked with Russia. Russia’s restriction on the export of refined and distilled petroleum products, prompted by ongoing strikes in Ukraine and maintenance issues at refineries, led to a sharp increase in inflation for fuels and lubricants, rising to 9.8% from 5.7% in October. Consequently, transportation costs also accelerated, increasing by 6.9% compared to 3.8% previously. Additionally, inflation rates accelerated for housing and utilities, reaching 16.2% from 13.7%, driven by significant price rises in residential maintenance services (23.5%) and fuel costs (17.3% up from 9.2%). Meanwhile, food inflation slightly decreased, easing to 10.6% from 10.7%.