Kazakhstan’s producer price inflation slowed significantly to 29.0 percent year-on-year in May of 2022, 41.3 percent in the prior month, as inflationary pressures moderated in all products. On a monthly basis, producer prices fell 5.9 percent, following a 0.7 percent gain in the previous month. source: Bureau of National Statistics of the Republic of Kazakhstan

Producer Prices Change in Kazakhstan averaged 13.11 percent from 1999 until 2022, reaching an all time high of 71.70 percent in July of 2008 and a record low of -33.60 percent in July of 2009. This page provides - Kazakhstan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Producer Prices Change in Kazakhstan is expected to be 40.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Producer Prices Change is projected to trend around 48.00 percent in 2023 and 50.00 percent in 2024, according to our econometric models.

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Kazakhstan Producer Prices Change

Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 08:30 AM Apr 41.3% 47.1% 52%
2022-06-13 10:00 AM May 29% 41.3% 43%
2022-07-06 09:50 AM Jun 29% 28%

Related Last Previous Unit Reference
Core Inflation Rate 13.54 12.49 percent May 2022
Producer Prices 1769.40 1879.80 points May 2022
Producer Prices Change 29.00 41.30 percent May 2022

Kazakhstan Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
29.00 41.30 71.70 -33.60 1999 - 2022 percent Monthly

News Stream
Kazakhstan Producer Price Inflation Moderates
Kazakhstan’s producer price inflation fell to 41.3 percent year-on-year in April of 2022, from a four-month high of 47.1 percent jump in the prior month, as inflationary pressures moderated in all products. The slowdown was most noticed in prices of metals (31.7 percent vs 39.9 percent in March), followed by food (33.1 percent vs 39.2 percent) and energy resources (17.4 percent vs 23.3 percent). On a monthly basis, producer prices went up by 0.7 percent, slowing sharply from a 12.4 percent surge in the previous month.
Kazakhstan Producer Inflation Jumps to 4-Month High
Producer prices in Kazakhstan climbed by 47.1 percent year-on-year in March of 2022, accelerating from a 39.1 percent jump in the prior month, amid rising global commodity prices. It was the highest producer inflation since November of 2021, boosted mainly by prices of mining and quarrying (+20 percent compared to last month),followed by manufacturing industries (+3.6 percent), and electricity, gas, steam and air conditioning supply (0.1 percent).On a monthly basis, producer prices went up by 12.4 percent, accelerating sharply from a 2.6 percent rise in the previous month.
Kazakhstan Producer Price Inflation Moderates
Kazakhstan’s annual producer price inflation eased to 46.1 percent in December of 2021, from a five-month high of 48.5 percent jump in November, amid low base year effects and rising global commodity prices amid ongoing supply chain issues. Prices rose the most in mining & quarrying (67.5 percent vs 73.1 percent in November); followed by manufacturing industries (23.0 percent vs 23.1 percent); electricity, gas, steam & air conditioning supply (11.9 percent vs 11.7 percent); and lastly water supply & sewerage cost (2.5 percent vs 2.7 percent). On a monthly basis, producer prices increased 0.8 percent, slowing sharply from a 5.5 percent jump in November. For the year, producer prices surged 32.1 percent over the previous year, compared with a 4.2 percent decline in 2020.