Consumer prices in Kazakhstan grew 8.4 percent in July of 2021, following a 7.9 percent jump in the previous month. It was the highest inflation rate since December of 2016, as prices went up faster in food products (11.0 percent vs 10.6 percent in June), non-food products (7.2 percent vs 6.9 percent), and services (6.1 percent vs 5.6 percent). On a monthly basis, consumer prices edged up 0.7 percent, following a 1.1 percent gain in the previous month. source: Agency of the Republic of Kazakhstan on Statistics

Inflation Rate in Kazakhstan averaged 41.57 percent from 1992 until 2021, reaching an all time high of 2960.80 percent in December of 1992 and a record low of 1.90 percent in December of 1998. This page provides the latest reported value for - Kazakhstan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kazakhstan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Inflation Rate in Kazakhstan is expected to be 7.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Inflation Rate is projected to trend around 5.00 percent in 2022 and 4.50 percent in 2023, according to our econometric models.

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Kazakhstan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.40 7.90 2960.80 1.90 1992 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-04 08:45 AM Apr 7% 7% 6.1%
2021-06-01 08:50 AM May 7.2% 7% 7.3%
2021-07-01 10:40 AM Jun 7.9% 7.2% 7.4%
2021-08-02 08:45 AM Jul 8.4% 7.9% 8.2%
2021-09-01 11:00 AM Aug 8.4%
2021-10-01 12:00 PM Sep
2021-11-02 11:00 AM Oct
2021-12-01 10:00 AM Nov


News Stream
Kazakhstan Inflation Rate at Over 4-1/2-Year High
Consumer prices in Kazakhstan grew 8.4 percent in July of 2021, following a 7.9 percent jump in the previous month. It was the highest inflation rate since December of 2016, as prices went up faster in food products (11.0 percent vs 10.6 percent in June), non-food products (7.2 percent vs 6.9 percent), and services (6.1 percent vs 5.6 percent). On a monthly basis, consumer prices edged up 0.7 percent, following a 1.1 percent gain in the previous month.
2021-08-02
Kazakhstan Inflation Rate at 4-1/2-Year High
Consumer prices in Kazakhstan jumped 7.9 percent in June of 2021, following a 7.2 percent rise in the previous month. It was the highest inflation rate since January of 2017, as prices went up faster in food products (10.6 percent vs 9.3 percent in May), non-food products (6.9 percent vs 6.7 percent), and services (5.6 percent vs 5.1 percent). On a monthly basis, consumer prices advanced 1.1 percent, following a 0.7 percent gain in the previous month.
2021-07-01
Kazakhstan Inflation Rate Quickens in May
Kazakhstan’s annual inflation rate quickened to 7.2 percent in May of 2021 from 7.0 percent in the previous month. It was the fastest increase in consumer prices since February, driven by costs of non-food products (6.7 percent vs 6.4 percent in April) and services (5.1 percent vs 4.1 percent). On the other hand, prices of food went up at a slightly slower pace (9.3 percent vs 9.8 percent). On a monthly basis, consumer prices edged higher by 0.7 percent, slightly easing from a 0.9 percent gain in the previous month.
2021-06-01
Kazakhstan April Inflation Rate Steady at 7%
The annual inflation rate in Kazakhstan was 7 percent in April of 2021, unchanged from the previous month and remaining the lowest since September of 2020. Food prices slowed (9.8 percent vs 10.7 percent in March) while those of non-food (6.4 percent vs 5.6 percent) and services (4.1 percent vs 3.7 percent) advanced faster. On a monthly basis, consumer prices went up 0.9 percent, following a 0.6 percent gain in March.
2021-05-04

Kazakhstan Inflation Rate
In Kazakhstan, the main components of the consumer price index are: food and non-alcoholic beverages (34 percent of the total weight); housing, water, electricity, gas and other fuels (18 percent) and clothing and footwear (12 percent). Transport accounts for 9 percent; household equipment for 5 percent; recreation and culture for 4 percent and alcoholic beverages and tobacco for 4 percent. Others include: miscellaneous goods and services (3.9 percent); health care (3 percent); communications (2.9 percent); education (2.7 percent) and restaurants and hotels (2 percent). The national index has a base of 100 as of 1995. The CPI reflects the prices and spending patterns registered in the fourteen regional capitals and 27 major cities.