Cost of food in Kazakhstan increased 9 percent in August of 2019 over the same month in the previous year. Food Inflation in Kazakhstan averaged 8.75 percent from 2002 until 2019, reaching an all time high of 31.50 percent in June of 2008 and a record low of 1.90 percent in November of 2009.
Food Inflation in Kazakhstan is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Kazakhstan to stand at 2.90 in 12 months time. In the long-term, the Kazakhstan Food Inflation is projected to trend around 2.70 percent in 2020, according to our econometric models.