The annual inflation rate in Kazakhstan slowed for the second straight month to 8.4 percent in December of 2021, from 8.7 percent in the previous month. That was the lowest rate since July, amid a slowdown in prices of food & non-alcoholic beverages (9.9 percent vs 10.9 percent in November); education (7.9 percent vs 8.2 percent) and restaurants & hotels (5.8 percent vs 8 percent). On a monthly basis, consumer prices were up 0.6 percent, after increasing 0.7 percent in the previous month. source: Agency of the Republic of Kazakhstan on Statistics

Inflation Rate in Kazakhstan averaged 40.73 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 January of 2022.

Inflation Rate in Kazakhstan is expected to be 7.50 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 4.50 percent in 2023, according to our econometric models.

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Kazakhstan Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-12-02 09:00 AM Nov 8.7% 8.9% 8.8%
2022-01-03 11:00 AM Dec 8.4% 8.7%
2022-02-01 11:00 AM Jan 8.4%


Related Last Previous Unit Reference
Inflation Rate 8.40 8.70 percent Dec/21
Inflation Rate Mom 0.60 0.70 percent Dec/21
CPI Transportation 112.80 111.90 points Dec/21
Food Inflation 9.90 10.90 percent Dec/21
Import Prices 100.80 100.40 points Aug/21
Export Prices 101.20 103.50 points Aug/21

News Stream
Kazakhstan December Inflation Rate at 5-Month Low
The annual inflation rate in Kazakhstan slowed for the second straight month to 8.4 percent in December of 2021, from 8.7 percent in the previous month. That was the lowest rate since July, amid a slowdown in prices of food & non-alcoholic beverages (9.9 percent vs 10.9 percent in November); education (7.9 percent vs 8.2 percent) and restaurants & hotels (5.8 percent vs 8 percent). On a monthly basis, consumer prices were up 0.6 percent, after increasing 0.7 percent in the previous month.
2022-01-13
Kazakhstan November Inflation Rate Slows to 8.7%
The annual inflation rate in Kazakhstan eased to 8.7 percent in November of 2021, from a five-year high of 8.9 percent in October. Prices slowed down for food & non-alcoholic beverages (10.9 percent vs 11.3 percent in October) and services (6.4 percent vs 6.9 percent). However, costs advanced faster for non-food products (8.3 percent vs 7.8 percent), mainly on account of fuels and housing rents. On a monthly basis, consumer prices went up 0.7 percent, the same pace as in the previous month.
2021-12-02
Kazakhstan Inflation Rate Stable at 5-Year High
The annual inflation rate in Kazakhstan stood at 8.9 percent in October of 2021, the same as in the previous month. It remained the highest inflation rate since October of 2016, as inflationary pressures remained stable in non-food products (7.8 percent, the same as in September), and services (6.9 percent, the same as in September). On the other hand, food inflation eased marginally to 11.3 percent from 11.5 percent. On a monthly basis, consumer prices advanced 0.7 percent, quickening from a 0.4 percent gain in the prior month.
2021-11-01

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.