The annual inflation rate in Kazakhstan eased to 10.4% in May 2026, the lowest level since March 2025, down from 10.6% in April. Price growth slowed for food products (10.7% vs 11.3% in April), driven by softer increases in cereals (6.4% vs 7.2%), bread and bakery products (8.2% vs 9.0%), and meat and poultry (18.0% vs 18.4%). Meanwhile, non-food products inflation stood at 11.7%, unchanged from April. Within non-food products, prices rose at a softer pace for paid services (8.7% vs 8.9%) and gasoline (16.0% vs 16.1%), while inflation picked up for housing maintenance and services (6.2% vs 5.6%). On a monthly basis, consumer prices rose 0.7%, easing slightly from a 0.8% increase in April. source: Agency of the Republic of Kazakhstan on Statistics

Inflation Rate in Kazakhstan decreased to 10.40 percent in May from 10.60 percent in April of 2026. Inflation Rate in Kazakhstan averaged 34.65 percent from 1992 until 2026, reaching an all time high of 2960.80 percent in December of 1992 and a record low of 1.90 percent in December of 1998. This page provides the latest reported value for - Kazakhstan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kazakhstan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Inflation Rate in Kazakhstan decreased to 10.40 percent in May from 10.60 percent in April of 2026. Inflation Rate in Kazakhstan is expected to be 10.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Inflation Rate is projected to trend around 5.80 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-04 08:00 AM
Inflation Rate YoY
Apr 10.6% 11% 11.3%
2026-06-01 07:15 AM
Inflation Rate YoY
May 10.4% 10.6% 10.9%
2026-07-01 07:00 AM
Inflation Rate YoY
Jun 10.4% 10.4%


Related Last Previous Unit Reference
CPI Transportation 128.61 127.84 points May 2026
Export Prices 100.90 99.20 points Mar 2026
Food Inflation 10.70 11.30 percent May 2026
Import Prices 98.20 99.40 points Mar 2026
Inflation Rate YoY 10.40 10.60 percent May 2026
Inflation Rate MoM 0.70 0.80 percent May 2026


Kazakhstan Inflation Rate
In Kazakhstan, the most important component of the consumer price index is food and non-alcoholic beverages (37 percent of the total weight). Housing, water, electricity, gas and other fuels account for 15 percent; clothing and footwear for 11 percent; and transport for 10 percent. The index also includes: miscellaneous goods and services (6 percent); household equipment (5 percent); communication (4 percent); health care (4 percent); education (3 percent); recreation and culture (3 percent); alcoholic beverages and tobacco (2 percent); and restaurants and hotels (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
10.40 10.60 2960.80 1.90 1992 - 2026 percent Monthly

News Stream
Kazakhstan Inflation Falls to Over a Year Low
The annual inflation rate in Kazakhstan eased to 10.4% in May 2026, the lowest level since March 2025, down from 10.6% in April. Price growth slowed for food products (10.7% vs 11.3% in April), driven by softer increases in cereals (6.4% vs 7.2%), bread and bakery products (8.2% vs 9.0%), and meat and poultry (18.0% vs 18.4%). Meanwhile, non-food products inflation stood at 11.7%, unchanged from April. Within non-food products, prices rose at a softer pace for paid services (8.7% vs 8.9%) and gasoline (16.0% vs 16.1%), while inflation picked up for housing maintenance and services (6.2% vs 5.6%). On a monthly basis, consumer prices rose 0.7%, easing slightly from a 0.8% increase in April.
2026-06-01
Kazakhstan Inflation Rate Hits 13-Month Low
The annual inflation rate in Kazakhstan slowed to 10.6% in April 2026 from 11% in the previous month, marking its lowest reading since March 2025. The main downward pressure came from food and non-alcoholic beverages (4.5% vs 4.7% in March), while inflation remained unchanged for housing and utilities (0.6%), transport (1%), alcoholic beverages and tobacco (0.2%), household items (0.5%), communication (0.3%), education (0.2%), restaurants and hotels (0.2%), and miscellaneous goods and services (1%). In contrast, costs increased at a faster pace for clothing and footwear (0.9% vs 0.1%). On a monthly basis, consumer prices edged up to 0.8% from 0.6% in March.
2026-05-05
Kazakhstan Inflation Rate Eases to 11-Month Low
The annual inflation rate in Kazakhstan eased to 11.0% in March 2026 from 11.7% in January, marking its lowest reading since April 2025. Price growth slowed for food and non-alcoholic beverages (4.7% vs 5.2% in February) and housing and utilities (0.6% vs 0.7%). Meanwhile, costs remained stable for clothing and footwear (1%), household items, appliances, and routine home maintenance (0.5%), healthcare (0.9%), recreation and culture (0.5%), education (0.2%), transport (1%), and alcoholic drinks and tobacco products (0.2%). On a monthly basis, consumer prices slowed to 0.6% in March from 1.1% in February.
2026-04-01