Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation hits over two-year high in June

Consumer prices rose a seasonally-adjusted 0.40% from the last month in June, coming in below May's 0.50% rise. June's result marked the softest rise in prices since September 2019. Prices for foodstuffs dropped notably in June, while prices for services rebounded after falling in May.

Inflation rose to 7.0% in June, which was up from May’s 6.7% print. June's reading marked the highest inflation rate since December 2017. In addition, the trend pointed up slightly, with annual average inflation coming in at 5.9% in June (May: 5.8%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 8.3%, which is unchanged from last month’s forecast. The panel expects inflation to end 2021 at 6.0%.

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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