Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation comes in at highest level since September 2016 in August

Consumer prices increased 1.40% in August over the previous month, accelerating from the 1.10% increase logged in July. Looking at the details of the release, prices for services and non-food goods rose at a quicker pace in August. In contrast, prices for food rose at a steady pace in August.

Inflation rose to 16.1% in August from July’s 15.0%. August's figure was the highest inflation rate since September 2016. Meanwhile, the trend pointed up, with annual average inflation coming in at 11.4% in August (July: 10.8%).

FocusEconomics panelists see inflation averaging 12.6% in 2022, which is up 0.1 percentage points from last month’s forecast. For 2023, inflation is seen averaging 9.5%.

Kazakhstan - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)6.6  14.7  7.4  6.0  5.2  

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Kazakhstan Inflation Chart

Kazakhstan Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Agency of Statistics

Kazakhstan Facts

Value Change Date
Exchange Rate382.90.32 %Jan 01
Stock Market0.10.0 %Jan 07

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