Kazakhstan Inflation April 2021

Kazakhstan

Kazakhstan: Inflation remains stable in April

May 4, 2021

Consumer prices rose 0.85% from the previous month in April, accelerating from the 0.62% rise seen in March. April's result was the sharpest increase in prices since December 2020. Taking a closer look at the details, prices accelerated for all groups: foodstuffs, non-food goods and services.

Inflation held steady at March's 7.0% in April, above the NBK’s 4–6% target. Meanwhile, annual average inflation remained at March's 7.1% in April.

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 6.0%, which is up 0.1 percentage points from last month’s forecast. The panel expects inflation to end 2022 at 5.4%.


Author:, Junior Economist

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Kazakhstan Inflation Chart


Kazakhstan Inflation April 2021

Note: Month-on-month changes and annual variation of consumer price index in %.
Source: Republic of Kazakhstan Agency of Statistics.


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