Inflation in Kazakhstan

Kazakhstan Inflation | Economic News & Forecasts

Kazakhstan - Inflation

Inflation remains stable for the third consecutive month in December

Consumer prices rose 0.7% over the previous month in December, after a 0.9% month-on-month increase in November. While food prices rose by a bigger magnitude, prices for non-food products and paid services increased by a smaller degree. Prices for food and non-alcoholic beverages, and restaurants and hotels climbed the most, while prices for housing, water, electricity, gas and other fuels registered the biggest drop in prices.

Inflation remained at 5.3% for the third consecutive month in December—the lowest print since September 2015. Annual average inflation edged down to 6.0% in December, from 6.2% in November.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 6.0%, which is up 0.1 percentage points from last month’s forecast. The panel expects inflation to decelerate and end 2020 at 5.4%.

Kazakhstan - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)5.8  6.7  6.6  14.7  7.4  

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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

Exchange Rate378.10.32 %Jan 16
Stock Market0.10.0 %Jan 16

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