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.