
Inflation in the Republic of Kazakhstan
Inflation in May 2022 was 14% year-on-year, a slowdown to 1.4% was noted for the month (2% in April).
Prices for food products in May 2022 increased by 19% compared to May last year, non-food products increased by 11.9%, paid services by 9.1%.
Change in prices for consumer goods and services
percent, increase
|
|
May2022 |
For reference: April2022 |
|||
|
May |
December |
April |
December |
March |
|
|
Goods and services |
14,0 |
8,8 |
1,4 |
13,2 |
2,0 |
|
Foodstuffs |
19,0 |
13,5 |
1,7 |
17,9 |
3,1 |
|
Non-grocery goods |
11,9 |
6,3 |
1,4 |
11,1 |
1,2 |
|
Paid services for the population |
9,1 |
4,5 |
0,8 |
8,9 |
1,0 |
In the food marketin annual terms, a significant increase in prices was noted for granulated sugar – 60.5%, fresh vegetables – 31.5%, flour – 29.9%. A decrease in prices was observed for eggs by 8.1%.
|
PRICE GROWTH (May2021-May2022), as a percentage, increase |
|
|
60.5% granulated sugar |
20% fermented milk products |
|
31.5% fresh vegetables |
19.4% sunflower oil |
|
29.9% flour |
18.8% confectionery |
|
28.5% poultry meat |
18% pasteurized milk |
|
27.1% cereals |
16.8% horse |
|
26.2% potatoes |
16.5% meat lamb, bread |
|
25.9% pasta |
19.8% mineral and drinking water |
|
24.6% fresh fruit |
17.8% tobacco products |
|
23.8% hard cheese |
17.5% soft drinks |
|
21.5% bakery and flour products |
13.5% alcoholic beverages |
|
21.1% dried fruits and nuts |
|
"The Bureau calculates the consumer price index indicator monthly, which characterizes the level of inflation. We are observing changes in tariffs and prices for services and goods, for a total of 508 items. Prices are registered through 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, Director of the Bureau's Price Statistics Department.
According to him, the increase in prices for non-food products in May 2022 (by May 2021) amounted to 11.9%. The price level for household appliances increased by 20.2%, personal goods – by 19.5%, detergents and cleaning products – by 17.5%, building materials – by 17.2%, cars – by 16.3%, furniture and household items – by 13.3%, textiles – by 9.4%, pharmaceutical products – by 8.7%.
Prices for paid services for the year (May 2022 to May 2021) increased by 9.1%. The price level for catering services increased by 14.5%, sanatoriums – by 14.3%, healthcare – by 12.8%, hairdressers and personal service establishments – by 11.6%, hotels – by 6%. Passenger transport services have risen in price by 4.9%.
In the sphere of housing and communal services, electricity tariffs increased by 8.7%, gas transported through distribution networks - by 3.2%, garbage collection – by 2%, sanitation – by 0.6%, and central heating – decreased by 2.3%, hot water – by 1.1%.
*Since January 2022, when constructing the consumer price index, the share of food products is 40.7%, non–food products - 30.2%, paid services – 29.1%.
