The annual inflation rate in Kazakhstan slowed to 7 percent in March of 2021 from 7.4 percent in the previous month. It was the lowest inflation since last September, amid a slowdown in prices of food (10.7 percent vs 11.6 percent in February). Meanwhile, costs advanced faster for non-food products (5.6 percent vs 5.2 percent). On a monthly basis, consumer prices were up 0.6 percent, slightly down from a 0.7 percent increase in the previous month. source: Agency of the Republic of Kazakhstan on Statistics
Inflation Rate in Kazakhstan averaged 42.30 percent from 1992 until 2021, 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 April of 2021.
Inflation Rate in Kazakhstan is expected to be 6.20 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 5.50 in 12 months time. In the long-term, the Kazakhstan Inflation Rate is projected to trend around 5.00 percent in 2022 and 4.50 percent in 2023, according to our econometric models.