Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation comes in at highest level since September 2016 in July

Consumer prices rose 1.10% in July over the previous month, coming in below the 1.60% rise seen in June. July's result marked the softest rise in prices since February. The moderation was primarily due to slower growth in prices for foodstuffs. In addition, price pressures for non-food goods grew at a softer pace.

Inflation came in at 15.0% in July, which was up from June’s 14.5%. July's result represented the highest inflation rate since September 2016. Annual average inflation rose to 10.8% in July (June: 10.2%).

FocusEconomics panelists see inflation averaging 12.5% in 2022, which is up 0.3 percentage points from last month’s forecast. For 2023, inflation is seen averaging 9.3%.

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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