Kazakhstan’s annual producer price inflation eased to 46.1 percent in December of 2021, from a five-month high of 48.5 percent jump in November, amid low base year effects and rising global commodity prices amid ongoing supply chain issues. Prices rose the most in mining & quarrying (67.5 percent vs 73.1 percent in November); followed by manufacturing industries (23.0 percent vs 23.1 percent); electricity, gas, steam & air conditioning supply (11.9 percent vs 11.7 percent); and lastly water supply & sewerage cost (2.5 percent vs 2.7 percent). On a monthly basis, producer prices increased 0.8 percent, slowing sharply from a 5.5 percent jump in November. For the year, producer prices surged 32.1 percent over the previous year, compared with a 4.2 percent decline in 2020. source: Bureau of National Statistics of the Republic of Kazakhstan
Producer Prices Change in Kazakhstan averaged 12.64 percent from 1999 until 2021, reaching an all time high of 71.70 percent in July of 2008 and a record low of -33.60 percent in July of 2009. This page provides - Kazakhstan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Producer Prices Change in Kazakhstan is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Producer Prices Change is projected to trend around 6.00 percent in 2023 and 4.00 percent in 2024, according to our econometric models.