The annual inflation rate in Kazakhstan increased to 14 percent in May of 2022, the highest since September of 2016, and accelerated from 13.2 percent in April. Main upward pressure came from the prices of food (19 percent vs. 17.9 percent), followed by non-food products (11.9 percent vs. 11.1 percent), and, lastly, services (9.1 percent vs. 8.9 percent). On a monthly basis, consumer prices advanced 1.4 percent in May, slowing from a 2 percent rise in April. source: Agency of the Republic of Kazakhstan on Statistics

Inflation Rate in Kazakhstan averaged 39.99 percent from 1992 until 2022, 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 June of 2022.

Inflation Rate in Kazakhstan is expected to be 15.00 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 13.90 percent in 2023 and 7.00 percent in 2024, according to our econometric models.

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Kazakhstan Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-03 09:00 AM Apr 13.2% 12% 14%
2022-06-01 11:00 AM May 14% 13.2% 14.2%
2022-07-01 11:00 AM Jun 14% 14.4%


Related Last Previous Unit Reference
Inflation Rate 14.00 13.20 percent May 2022
Inflation Rate Mom 1.40 2.00 percent May 2022
CPI Transportation 102.20 101.80 points May 2022
Food Inflation 19.00 17.90 percent May 2022
Import Prices 101.90 100.00 points Mar 2022
Export Prices 115.70 102.80 points Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
14.00 13.20 2960.80 1.90 1992 - 2022 percent Monthly

News Stream
Kazakhstan Inflation Rate Reaches 6-Year High
The annual inflation rate in Kazakhstan increased to 14 percent in May of 2022, the highest since September of 2016, and accelerated from 13.2 percent in April. Main upward pressure came from prices of food (19 percent vs. 17.9 percent), followed by non-food products (11.9 percent vs. 11.1 percent), and, lastly, services (9.1 percent vs. 8.9 percent). On a monthly basis, consumer prices advanced 1.4 percent in May, slowing from a 2 percent rise in April.
2022-06-01
Kazakhstan Inflation Rate at Near 6-Year High
The annual inflation rate in Kazakhstan quickened to 13.2 percent in April of 2022, the highest since September of 2016, and quickening from a 12.0 percent climb in March. Main upward pressure came from prices of food (17.9 percent vs 15.4 percent), followed by non-food products (11.1 percent vs 10.9 percent), and, lastly, services (8.9 percent vs 8.3 percent). On a monthly basis, consumer prices advanced 2.0 percent in April, slowing from a 3.7 percent rise in March.
2022-05-03
Kazakhstan Inflation Rate at 5-1/2-Year High
The annual inflation rate in Kazakhstan jumped to 12.0 percent in March of 2022, from 8.7 percent in the previous month. It was the highest inflation rate since September of 2016, bolstered by prices of food & non-alcoholic beverages (15.6 percent vs 10.1 percent in February); housing & utilities (10.1 percent vs 9.0 percent); and alcoholic beverages & tobacco (11.9 percent vs 9.4 percent). On a monthly basis, consumer prices rose 3.7 percent, the fastest monthly change since November of 2015, and quickening sharply from a 0.8 percent advance in the previous month.
2022-04-01