Producer prices in Kazakhstan surged 50.2 percent over a year in June of 2021, after a 48.2 percent hike in the previous month, mostly due to low base year effects. It was the highest producer inflation since September of 2008, significantly affected by soaring prices in mining & quarrying (80.4 percent vs 80.3 percent in May). Inflationary pressures also built up in manufacturing (25.5 percent vs 22.3 percent), electricity, gas, steam & air conditioning supply (13.3 percent vs 12.9 percent). On the other hand, prices went up at a slower pace in water supply & sewerage cost (1.8 percent vs 2.0 percent). On a monthly basis, producer prices advanced 3.1 percent, the same pace as in May. source: The National Bank of Kazakhstan
Producer Prices Change in Kazakhstan averaged 11.97 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 July of 2021.
Producer Prices Change in Kazakhstan is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Kazakhstan to stand at 4.00 in 12 months time. In the long-term, the Kazakhstan Producer Prices Change is projected to trend around 3.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.