中亚学院：2025年第16期季度经济监测报告（英文版）

In most CAREC economies, GDP growth accelerated further in 2024 from strong growth also in 2023. The most dynamic growth element was services, while agriculture and manufacturing were more diverse between countries, and mining remained highly volatile. Inflation generally reaccelerated in late 2024 and early 2025, prompting more cautious monetary policies. The increase in broad money supply somewhat eased, but growth in loans to individuals remained high. Exchange rates, except for the fixed