Inflation in the Republic of Kazakhstan

In April, the inflation rate in Kazakhstan amounted to 13.2% year–on-year, and 2% for the month. Since the beginning of the year, inflation has amounted to 7.3%.

Over the year, food products have risen the most by 17.9%. Prices of non-food products have increased by 11.1%, paid services – by 8.9%.

Change in prices for consumer goods and services percent, increase

	April2022			For reference: March 2022
	April 2021	December 2021	April 2021	December 2021	April 2021
Goods and services	13,2	7,3	2,0	12,0	3,7
Foodstuffs	17,9	11,6	3,1	15,4	5,8
Non-grocery goods	11,1	4,9	1,2	10,9	2,8
Paid services for the population	8,9	3,6	1,0	8,3	1,4

 

Compared to April last year, the increase in prices was noted for granulated sugar, fresh vegetables, potatoes and poultry meat. A decrease in prices was observed for eggs – 4.1%.

 

PRICE GROWTH (April 2021-April 2022), as a percentage, increase
54.6% granulated sugar	16.9% horse meat
46% fresh vegetables	15.8% confectionery
30.3% potatoes	15.4% pasteurized milk
28.8% poultry meat	14.8% fermented milk products, fresh fruits, bread
25.5% cereals	13.6% meat products
23.4% pasta	12.8% butter
22.7% flour	12.4% pork
22.3% sunflower oil	18% mineral and drinking water
19.3% hard cheese	16.2% soft drinks
18.3% bakery and flour products	16% tobacco products
17.5% lamb	11.7% alcoholic beverages

The consumer price index, which characterizes the level of inflation, shows the change in prices for goods and services purchased by the population for personal consumption. According to Kuanyshbek Zhakypbekuly, Director of the Bureau's Price Statistics Department, since the beginning of this year, food products account for 40.7% in the index structure, non–food products – 30.2%, paid services - 29.1%. "Monthly, the bureau registers prices for a full set of goods and services. The prices of food, household and household goods, adult and children's clothing, health services, transport, etc. are taken into account, a total of 508 items. We monitor prices on a selective network of trade and service enterprises of various forms of ownership in all regional centers, the capital and a certain circle of cities and district centers," explains Kuanyshbek Zhakypbekuly.

According to him, the increase in prices for non-food products in April 2022 (by April 2021) amounted to 11.1%. The price level for cars increased by 19.2%, household appliances – by 18.1%, personal goods – by 15.1%, building materials – by 14.7%, detergents and cleaning products – by 14.3%, furniture and household items – by 13%, textiles – by 8%, pharmaceutical products – by 7.6%.

Prices for paid services have risen by 8.9% over the year. The price level for catering services increased by 13.9%, sanatoriums – by 12%, healthcare – by 11.9%, hairdressers and personal service establishments – by 11%, hotels – by 5.7%. Passenger transport services have risen in price by 5.4%.

In the sphere of housing and communal services, there is also an increase in tariffs, electricity has risen in price by 10.6% over the year, garbage collection - by 7.8%, gas transported through distribution networks – by 3.2%, sanitation – by 1.1%. The reduction of tariffs was observed for central heating and hot water, 2.3 and 1.1%, respectively.