Inflation in Kazakhstan has accelerated

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©️ Tengrinews.kz / Turar Kazangapov ©️ Tengrinews.kz / Turar Kazangapov

Tengrinews.kz - The National Statistics Bureau published data on inflation in Kazakhstan.

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Tengrinews.kz - The National Statistics Bureau published data on inflation in Kazakhstan.

Monthly inflation in Kazakhstan

According to the National Statistics Bureau, the monthly consumer price index in December was 1.1% (in December it was 0.9%).

Over the month, the price level of food products increased by 1.4%, paid services – by 1.1%, non-food products – by 0.6%.

Inflation for the year in Kazakhstan

Inflation in Kazakhstan has accelerated, reaching 8.9% over the past year (compared to 8.6% in December 2024).

Prices for paid services increased by 13.8% (up from 13.3% in December 2024), non-food products by 8.4% (compared to 8.3% in December 2024), and food products by 5.8% (up from 5.5% in December 2024).

How prices have changed over the year: what has increased in price the most

Over the past year, utility service rates have significantly increased:

  • Cold water by 43.2%
  • Sewerage by 26.1%
  • Heating by 23.1%
  • Hot water by 21.3%
  • Electricity by 18.9%
  • Gas by 12%
  • Waste disposal by 10.3%

Other services have also become more expensive:

  • Recreation and tourism by 26%
  • Communication services by 16.8%
  • Healthcare by 12%
  • Hairdressing services by 11.9%
  • Car repairs by 11.4%
  • Public catering by 10.9%
  • Sports and entertainment by 9.3%

Transportation costs have risen as well:

  • Train tickets by 18.6%
  • City buses by 10.5%
  • Airfare by 7.2%

Additionally, rental housing prices have increased by 15.3%.

Among goods, the highest price increases were recorded in:

  • Audio and video equipment by 41.5%
  • Jewelry and watches by 24.9%
  • Automobiles by 22.9%
  • Clothing and footwear by 10.6%
  • Pharmaceutical products by 8.6%

Food prices have changed as follows:

  • Potatoes increased by 59.3%
  • Onions by 25.1%
  • Mineral water by 16.7%
  • Tobacco by 14.6%
  • Confectionery products by 13.3%
  • Butter by 13%
  • Canned fish by 11.9%
  • Fruit juices by 11%

In the regional breakdown for January 2025, the inflation rate exceeded the national average in 12 regions, with the highest recorded in Astana (11.2%), followed by the Karaganda region (9.9%), the West Kazakhstan region (9.7%), and the North Kazakhstan region (9.6%).

Earlier, at the extended government meeting, the National Bank was called on to curb inflation amid tenge volatility.

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