The consumer inflation continues to rise, reaching 17.7% in July. Non-food prices grow by 27.8% year-on-year, food prices by 15.9% and services by 10.3%

In July industrial production prices went up by 24.8% year-on-year.

The consumer price index (CPI) stood at 17.7% in July, the highest level in the past few years. It was higher only during the crisis in 2008.

The highest increase in prices was recorded for non-food goods which has a high share of imported products which became considerably expensive as a result of the depreciation of the tenge – 27.8% year on year. For example, hike in prices of medical preparations was the highest – Corvalol’s price jumped by 78.5% in the past year, cough syrups by 55%, kidney medicines by 53.3% (overall, pharmaceutical products increased by 39.2% in prices in the past year). In the light industry significant growth was recorded in prices of children’s shoes (by 51.2%), t-shits (50.3% and girls’ dresses (45.2%).

Foodstuffs increased in price by 15.9% year on year, with prices of tomatoes and cucumbers jumping by 75.1% and 66.8% year on year respectively, buckwheat by 67.5% and sugar by 65.4%.

CPI in services stood at 10.3%.

 

 

Regionally, the highest inflation rate was recorded in Astana where prices of goods and services increased by 24%.

It was followed by Mangistau Region (21.1%) and Almaty (18.3%).

 

 

Non-foodstuffs increased in price most in Astana (44.1%). It was followed by Almaty (32.6%) and Kyzylorda Region (28.5%).

 

 

Prices of foodstuffs increased most in Karaganda Region (20.6%), followed by Astana (19.2%) and East Kazakhstan Region (18.2%).

 

 

Prices of services increased most in oil-rich regions. They grew by 20.6% in Mangistau Region, followed by Atyrau Region (15.1%) and Aktobe Region (14.6%).

 

 

Industrial producer prices also increased significantly – by 24.5% year on year.

For comparison, they decreased by 25.9% in 2015 which was explained by the crisis in the processing sector and a considerable drop in prices in the mining sector.

 

 

Regionally, industrial enterprises increased prices most in East Kazakhstan Region (61.7% year on year), followed by Karaganda Region (32%) and Kostanay Region (31.8%).

 

 


16 September 2016

Power generation reaches 53.7bn kWh in January-July, up by 1.7% year on year. Gas turbine power plants with a capacity of 100,000 kW worth KZT18.6bn were commissioned in the first half of the year

15 September 2016

Kazakh oil refineries supplied 73.3% of motor fuel consumed and 97.4% of diesel fuel consumed in the country. Petrol output increased by 10.6% and production of gasoils by 3.6%

17 August 2016

The consumer inflation continues to rise, reaching 17.7% in July. Non-food prices grow by 27.8% year-on-year, food prices by 15.9% and services by 10.3%

08 August 2016

The production of metal products has resumed the positive trend. The annual growth in production stood at 37.7% in monetary terms in 1H2016

29 July 2016

Kazakh coal output down by 6.1% in 1H2016, up by 6.7% in monetary value

Обзоры

Kazakhstan