Kazakhstan: Inflation decreases in January but remains elevated
February 1, 2021
Consumer prices rose a seasonally-adjusted 0.60% over the previous month in January, slowing down from December's 0.87% increase. January's result marked the softest rise in prices since September 2020. The downturn came amid easing food, non-food goods and services price inflation.
Inflation came in at 7.4% in January, which was down from December’s 7.5%. Annual average inflation rose to 6.9% in January (December: 6.8%).
Author: Frederico Teixeira de Abreu, Junior Economist