Producer prices in Kazakhstan soared by 48.2 percent year-on-year in May of 2021, accelerating from a 32.3 percent jump in the previous month, amid low base effect from the pandemic's outbreak as prices plunged 13.4 in April 2020. It was the highest producer inflation since January of 2010, as prices thrived in all sectors: mining & quarrying (80.3 percent vs 46.4 percent in April), manufacturing (22.3 percent vs 18.2 percent), electricity, gas, steam & air conditioning supply (12.9 percent vs 10.4 percent) and water supply & sewerage cost (2.0 percent vs 1.7 percent). On a monthly basis, producer prices increased 3.1 percent, easing from a 4.9 percent rise in April. source: The National Bank of Kazakhstan
Producer Prices Change in Kazakhstan averaged 11.83 percent from 1999 until 2021, reaching an all time high of 71.70 percent in July of 2008 and a record low of -33.60 percent in July of 2009. This page provides - Kazakhstan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Producer Prices Change in Kazakhstan is expected to be 28.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Kazakhstan to stand at 1.00 in 12 months time. In the long-term, the Kazakhstan Producer Prices Change is projected to trend around 3.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.