The annual inflation rate in Kazakhstan dropped to 7 percent in August of 2020 from 7.1 percent in July, due to a mild slowdown in prices of food (10.9 percent vs 11.3 percent in July). Meanwhile, inflation edged higher for non-food products (5.5 percent vs 5.4 percent). On a monthly basis, consumer prices were up 0.1 percent, after increasing 0.3 percent in the previous month.

Inflation Rate in Kazakhstan averaged 43.67 percent from 1992 until 2020, 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 September of 2020.

Inflation Rate in Kazakhstan is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kazakhstan to stand at 7.00 in 12 months time. In the long-term, the Kazakhstan Inflation Rate is projected to trend around 6.00 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

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Kazakhstan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.10 2960.80 1.90 1992 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-01 07:00 AM May 6.7% 6.8% 5.8%
2020-07-01 11:00 AM Jun 7% 6.7% 5.9%
2020-08-03 08:30 AM Jul 7.1% 7% 7.3%
2020-09-01 11:00 AM Aug 7% 7.1% 7.2%
2020-10-01 10:00 AM Sep 7% 7.2%
2020-11-02 10:00 AM Oct 7.0%
2020-12-01 10:00 AM Nov 7.5%


News Stream
Kazakhstan August Inflation Rate Ticks Down to 7%
The annual inflation rate in Kazakhstan dropped to 7 percent in August of 2020 from 7.1 percent in July, due to a mild slowdown in prices of food (10.9 percent vs 11.3 percent in July). Meanwhile, inflation edged higher for non-food products (5.5 percent vs 5.4 percent). On a monthly basis, consumer prices were up 0.1 percent, after increasing 0.3 percent in the previous month.
2020-09-01
Kazakhstan July Inflation Rate Highest since 2017
The annual inflation rate in Kazakhstan rose to 7.1 percent in July of 2020 from 7 percent in the prior month. It was the highest inflation rate since December of 2017, as prices continued to advance for food (11.3 percent vs 11.1 percent in June). On the other hand, inflation remained steady for non-food products (at 5.4 percent). On a monthly basis, consumer prices went up 0.3 percent, after rising 0.4 percent in the preceding month.
2020-08-03
Kazakhstan June Inflation Rate at 2-1/2-Year High of 7%
The annual inflation rate in Kazakhstan rose to 7 percent in June of 2020 from 6.7 percent in the previous month. That was the highest inflation rate since December of 2017, as prices advanced further for both food (11.1 percent vs 10.7 percent in May) and non-food products (5.4 percent vs 5.3 percent). On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.5 percent in the prior month.
2020-07-01
Kazakhstan Inflation Rate at Over 2-Year High of 6.8%
The annual inflation rate in Kazakhstan soared to 6.8 percent in April of 2020 from 6.4 percent in the previous month. This was the highest inflation rate since January of 2018, as prices jumped for food products (10.4 percent vs 9.3 percent). Meanwhile, non-food costs slowed slightly (5.4 percent vs 5.5 percent). On a monthly basis, consumer prices went up 0.9 percent, the same pace as in the previous month.
2020-05-04

Kazakhstan Inflation Rate
In Kazakhstan, the main components of the consumer price index are: food and non-alcoholic beverages (34 percent of the total weight); housing, water, electricity, gas and other fuels (18 percent) and clothing and footwear (12 percent). Transport accounts for 9 percent; household equipment for 5 percent; recreation and culture for 4 percent and alcoholic beverages and tobacco for 4 percent. Others include: miscellaneous goods and services (3.9 percent); health care (3 percent); communications (2.9 percent); education (2.7 percent) and restaurants and hotels (2 percent). The national index has a base of 100 as of 1995. The CPI reflects the prices and spending patterns registered in the fourteen regional capitals and 27 major cities.