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%).

 

 

29 October 2021

Safeguarding the nature: investment into environmental protection increased by 34% over the year

25 October 2021

Focus on ESG: the world is confidently switching to green rails and sustainable development principles

20 October 2021

Industrial enterprises navigate to sustainable development

16 September 2021

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 2021

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