Kazakhstan Inflation Falls to Over a Year Low

2026-06-01 09:05 By Kyrie Dichosa 1 min. read

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.



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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.
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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.
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