According to a macroeconomic report by the Eurasian Development Bank (EDB), the National Bank of Kyrgyzstan (NBKR) maintained its key rate at 9% during its August meeting. EDB analysts expect this rate to remain unchanged through the end of the year. The slowdown in annual inflation in Kyrgyzstan is primarily driven by lower food price growth, while inflation in non-food sectors and services remains elevated. The regulator forecasts that inflation will return to the target range of 5-7% by the end of 2024.