The inflation rate in Kazakhstan was recorded at 5.40 percent in December of 2019.

Inflation Rate in Kazakhstan averaged 45.40 percent from 1992 until 2019, reaching an all time high of 2960.80 percent in December of 1992 and a record low of 1.90 percent in December of 1998. This page provides the latest reported value for - Kazakhstan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Kazakhstan is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kazakhstan to stand at 4.90 in 12 months time. In the long-term, the Kazakhstan Inflation Rate is projected to trend around 4.70 percent in 2020, according to our econometric models.


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Kazakhstan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.40 2960.80 1.90 1992 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-01 12:00 PM Sep 5.3% 5.5% 4.9%
2019-11-01 03:00 PM Oct 5.5% 5.3% 5.1%
2019-12-03 08:30 AM Nov 5.4% 5.5% 5.2%
2020-01-06 08:00 AM Dec 5.4% 5.4% 5.3%
2020-02-03 10:00 AM Jan 5.4% 5.2%


News Stream
2019-07-01
Kazakhstan Inflation Rate at 9-Month High
Inflation rate in Kazakhstan edged up to 5.4 percent in June of 2019 from 5.3 percent in the previous month. It was the highest inflation rate since September 2018, as prices advanced faster for food & non-alcoholic beverages (8.1 percent vs 7.8 percent in May) and alcoholic beverages & tobacco (9.8 percent vs 9.6 percent). On the other hand, inflation was steady for clothing & footwear (at 7.9 percent) and household equipment (at 7.3 percent) while transport cost slowed (1.9 percent vs 2.0 percent). In addition, housing & utilities prices continued to decline (-3.5 percent vs -3.4 percent). On a monthly basis, consumer prices went up 0.2 percent, easing from a 0.6 percent increase in May.

2019-06-03
Kazakhstan inflation rate at 5-Month High
Inflation rate in Kazakhstan edged up to 5.3 percent in May of 2019 from 4.9 percent in the previous month. It was the highest inflation rate since December 2018, as prices advanced faster for food & non-alcoholic beverages (7.8 percent vs 6.9 percent in April); transport (2.0 percent vs 1.9 percent) and household equipment (7.3 percent vs 7.1 percent). On the other hand, cost slowed for clothing & footwear (7.9 percent vs 8.2 percent) and alcoholic beverages & tobacco (9.6 percent vs 9.8 percent) while housing & utilities prices continued to decline (-3.4 percent vs -3.5 percent). On a monthly basis, consumer prices went up 0.6 percent, following a 0.5 percent increase in April.

2019-05-02
Kazakhstan Inflation Rate Edges Up to 4.9% in April
Inflation rate in Kazakhstan edged up to 4.9 percent in April of 2019 from 4.8 percent in the previous month, as prices advanced faster for food & non-alcoholic beverages (6.9 percent vs 6.5 percent in March) and leisure & culture (7.7 percent vs 7.6 percent). Meanwhile, inflation was steady for transport (at 1.9 percent) and household equipment (at 7.1 percent) while prices rose at a softer pace for clothing & footwear (8.2 percent vs 8.4 percent) and alcoholic beverages & tobacco (9.8 percent vs 10.2 percent). In addition, housing & utilities cost continued to decline (-3.5 percent vs -3.3 percent). On a monthly basis, consumer prices went up 0.5 percent, the same pace as in March.

2019-04-01
Kazakhstan Inflation Rate Holds Steady at Over 3-Year Low
Kazakhstan's consumer price inflation was unchanged at 4.8 percent year-on-year in March 2019, the lowest level since September 2015. Inflation was flat for leisure & culture (at 7.6 percent) and slowed for transport (1.9 percent from 2.3 percent in February), while housing & utilities prices continued to decrease (-3.3 percent -3.2 percent). On the other hand, cost rose faster for food & non-alcoholic beverages (6.5 percent from 6.3 percent in February); clothing & footwear (8.4 percent from 8.3 percent); household equipment (7.1 percent from 6.9 percent) and for alcoholic beverages & tobacco (10.2 percent from 5.5 percent). On a monthly basis, consumer prices went up 0.5 percent, following a 0.3 percent rise in February.

2019-03-01
Kazakhstan Inflation Rate Lowest in Over 3 Years
The annual inflation rate in Kazakhstan decreased to 4.8 percent in February 2019 from 5.2 percent in the previous month. It was the lowest inflation rate since September of 2015, as prices fell for housing & utilities (-3.2 percent vs 1.3 percent) while slowed for transport (2.3 percent vs 3.4 percent). In contrast, inflation quickened for food & non-alcoholic beverages (6.3 percent vs 5.5 percent); clothing & footwear (8.3 percent vs 7.9 percent); leisure & culture (7.6 percent vs 6.6 percent) and for alcoholic beverages & tobacco (5.5 percent vs 10.2) while inflation was flat at 6.9 percent for household equipment. On a monthly basis, consumer prices went down 0.3 percent, after a 0.5 percent increase in the previous month.

2019-02-01
Kazakhstan Inflation Rate at Near 3-1/2-Year Low of 5.2%
The annual inflation rate in Kazakhstan slightly decreased to 5.2 percent in January 2019 from 5.3 percent in the previous month. It was the lowest inflation rate since September of 2015, as prices slowed for housing & utilities (1.3 percent vs 3.2 percent); transport (3.4 percent vs 4.6 percent) and alcoholic beverages & tobacco (5.5 percent vs 10.2 percent). In contrast, inflation quickened for food & non-alcoholic beverages (5.5 percent vs 4.8 percent); clothing & footwear (7.9 percent vs 7.8 percent); household equipment (6.9 percent vs 6.6 percent) and leisure & culture (6.6 percent vs 6.3 percent). On a monthly basis, consumer prices went down 0.5 percent, after a 0.7 percent increase in the previous month.


Kazakhstan Inflation Rate
In Kazakhstan, the main components of the consumer price index are: food and non-alcoholic beverages (34 percent of the total weight); housing, water, electricity, gas and other fuels (18 percent) and clothing and footwear (12 percent). Transport accounts for 9 percent; household equipment for 5 percent; recreation and culture for 4 percent and alcoholic beverages and tobacco for 4 percent. Others include: miscellaneous goods and services (3.9 percent); health care (3 percent); communications (2.9 percent); education (2.7 percent) and restaurants and hotels (2 percent). The national index has a base of 100 as of 1995. The CPI reflects the prices and spending patterns registered in the fourteen regional capitals and 27 major cities.

Kazakhstan Prices Last Previous Highest Lowest Unit
Inflation Rate 5.40 5.40 2960.80 1.90 percent [+]
Consumer Price Index CPI 792.20 786.70 792.20 145.30 points [+]
Core Inflation Rate 5.88 5.90 19.80 1.23 percent [+]
Producer Prices 1150.17 1144.37 1209.06 122.10 points [+]
Inflation Rate Mom 0.70 0.70 45.90 -1.00 percent [+]
Import Prices 100.80 100.20 108.50 92.80 points [+]
GDP Deflator 6.40 8.60 260.90 6.40 points [+]
Food Inflation 9.60 9.80 31.50 1.90 percent [+]
Export Prices 98.40 103.40 114.00 79.80 points [+]
CPI Transportation 100.60 100.50 123.20 93.80 points [+]
Producer Prices Change 1.40 -5.30 71.70 -33.60 percent [+]