Kazakhstan Producer Inflation Highest in 5 Months

Kazakhstan's annual producer inflation accelerated to 11.1% in April 2026, up from 7.5% in March. This marks the highest level since October 2022, as prices rebounded strongly for mining and quarrying (10.1% versus -3.4%), particularly crude oil production prices (10.6% versus -11.9%). Additionally, inflation accelerated for water supply, sanitation, waste collection, treatment and disposal and pollution control activities (7.3% versus 5.2%) and edged up for supply of electricity, gas, steam, hot water, and air conditioning (9.6% versus 9.2%). On the other hand, price growth in the manufacturing sector eased to 13.2% from 18.0%. On a monthly basis, producer prices increased by 4.2%, accelerating from a 1.3% rise in March.

Kazakhstan's annual producer inflation rose 7.5% in March 2026, up from 6.4% in February. This marks the highest level in 5 months, as prices increased slightly for manufacturing (18% versus 17.8%), while inflation slowed for supply of electricity, gas, steam, hot water and air conditioning (9.2% versus 13.6%) and water supply, sanitation, waste collection, treatment, disposal and pollution control activities (5.2% versus 5.3%). Meanwhile, deflation eased further for mining and quarrying (-3.4% versus -6.1%). On a monthly basis, producer prices increased 1.3%, following a 2.1% increase in February.

Kazakhstan’s annual producer inflation rose to 6.4% in February 2026 from 4% in the previous month, marking the highest level since November 2025. Prices rose in manufacturing (17.8% vs 14.5% in January), while prices rebounded in water supply, sanitation, waste collection, treatment, disposal and pollution control activities (5.3% vs -8.1%). At the same time, deflation in mining and quarrying eased (-6.1% vs -8.3%). Meanwhile, costs slowed in electricity, gas, steam, hot water and air conditioning (13.6% vs 17.7%). On a monthly basis, producer prices picked up to 2.7% in February, following a 0.5% increase in January.