The annual inflation rate in Kazakhstan stood at 8.9 percent in October of 2021, the same as in the previous month. It remained the highest inflation rate since October of 2016, as inflationary pressures remained stable in non-food products (7.8 percent, the same as in September), and services (6.9 percent, the same as in September). On the other hand, food inflation eased marginally to 11.3 percent from 11.5 percent. On a monthly basis, consumer prices advanced 0.7 percent, quickening from a 0.4 percent gain in the prior month. source: Agency of the Republic of Kazakhstan on Statistics

Inflation Rate in Kazakhstan averaged 41.06 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 December of 2021.

Inflation Rate in Kazakhstan is expected to be 9.00 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 5.00 percent in 2022 and 4.50 percent in 2023, according to our econometric models.

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Kazakhstan Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-01 07:00 AM Sep 8.9% 8.7% 8.8%
2021-11-01 11:30 AM Oct 8.9% 8.9% 8.6%
2021-12-01 10:00 AM Nov 8.9% 8.8%


Related Last Previous Unit Reference
Inflation Rate 8.90 8.90 percent Oct/21
CPI Transportation 110.00 108.30 points Oct/21
Inflation Rate Mom 0.70 0.40 percent Oct/21
Food Inflation 11.40 11.50 percent Oct/21
Export Prices 101.20 103.50 points Aug/21
Import Prices 100.80 100.40 points Aug/21

News Stream
Kazakhstan Inflation Rate Stable at 5-Year High
The annual inflation rate in Kazakhstan stood at 8.9 percent in October of 2021, the same as in the previous month. It remained the highest inflation rate since October of 2016, as inflationary pressures remained stable in non-food products (7.8 percent, the same as in September), and services (6.9 percent, the same as in September). On the other hand, food inflation eased marginally to 11.3 percent from 11.5 percent. On a monthly basis, consumer prices advanced 0.7 percent, quickening from a 0.4 percent gain in the prior month.
2021-11-01
Kazakhstan Consumer Prices Rise the Most in Near 7 Years
Kazakhstan’s consumer price inflation edged up to 8.7 percent in August of 2021, from 8.4 percent in the previous month. It was the highest inflation rate since November of 2016, fueled by faster increases in all categories, starting with food products (11.4 percent vs 11.0 percent in July), non-food products (7.3 percent vs 7.2 percent), and services (6.6 percent vs 6.1 percent). On a monthly basis, consumer prices went up by 0.5 percent, easing from a 0.7 percent gain in July.
2021-09-01
Kazakhstan Inflation Rate at Over 4-1/2-Year High
Consumer prices in Kazakhstan grew 8.4 percent in July of 2021, following a 7.9 percent jump in the previous month. It was the highest inflation rate since December of 2016, as prices went up faster in food products (11.0 percent vs 10.6 percent in June), non-food products (7.2 percent vs 6.9 percent), and services (6.1 percent vs 5.6 percent). On a monthly basis, consumer prices edged up 0.7 percent, following a 1.1 percent gain in the previous month.
2021-08-02

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.