Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation comes in at highest level since March 2000 in December

Inflation increased to 20.3% in December, above November’s 19.6%, the 12th straight month of increase. December's reading was the highest inflation rate since March 2000. Looking at the details of the release, the increase was broad-based: prices for food, transport, clothing and housing increased at a quicker rate in December.

The trend pointed up, with annual average inflation coming in at 15.0% in December (November: 14.0%).

Lastly, consumer prices increased 1.24% over the previous month in December, which was below November's 1.42% increase. December's result marked the weakest reading since July.

FocusEconomics panelists see inflation averaging 10.1% in 2023, which is down 0.3 percentage points from last month’s forecast. For 2024, inflation is seen averaging 6.8%.

Kazakhstan - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)6.6  14.7  7.4  6.0  5.2  

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Kazakhstan Inflation Chart

Kazakhstan Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: Agency of Statistics

Kazakhstan Facts

Value Change Date
Exchange Rate382.90.32 %Jan 01
Stock Market0.10.0 %Jan 07

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