Inflation in the Republic of Kazakhstan

Inflation in the Republic of Kazakhstan

Inflation in August 2022 year-on-year was 16.1%, for the month – 1.4%.

Prices for food products in August 2022 increased by 20.8% compared to July last year, non-food products increased by 15.5%, paid services - by 10.1%.

Change in prices for consumer goods and services

percent, in crease

 

August 2022

For reference: July 2022

August
2021

December
2021

July
2022

July
2022

June
2022

Goods and services

16.1

13.3

1.4

15.0

1.1

Foodstuffs

20.8

18.0

1.0

19.7

1.0

Non-grocery goods

15.5

11.9

1.8

14.2

1.5

Paid services for the population

10.1

7.9

1.6

9.2

0.8

 

In the food market, a significant increase in prices in annual terms was noted for granulated sugar 92.8%, onion - 46.9%, flour – 41.4%. A decrease in prices was observed for beets by 12.4%, carrots – by 11.6%.

 

PRICE GROWTH (august 2021- august 2022), as a percentage, increase

92.8% granulated sugar

24.7% pears

46.9% onion

23.3% soft drinks

41.4% flour

22.7% confectionery

35.7% pasta

21.7% pasteurized milk

32.7% cereals

20.9% bananas

29.0% hard cheese

18.4% bread, butter

27.9% poultry meat

18.1% sausage products

27.5% bakery and flour products

15.5% horse meat

27.2% mineral and drinking water

15.0% tobacco products

26.4% fermented milk products

12.4% lamb

26.1% dried fruits and nuts

11.9% sunflower oil

 

"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.

The increase in prices for non-food products in August 2022 (by August 2021) amounted to 15.5%. The price level for office supplies increased by 60.5%, satchel, student backpack – 44%, personal goods – by 28.4%, detergents and cleaning products – by 26.6%, household appliances – by 24.2%, construction materials – by 20%, children's shoes – 19.6%, furniture and household items – by 19.2%, tableware – by 16%, children's clothing – by 15%, cars – by 14.6%, textiles – by 11.3%, books – by 10.9%, pharmaceutical products – by 10.7%.

Prices for paid services for the year (August 2022 to August 2021) increased by 10.1%. The price level for the organization of complex recreation increased by 20.1%, catering services – by 18.4%, sanatoriums – by 15.3%, healthcare – by 14.9%, hairdressing and personal service establishments – by 13.8%, hotels – by 6.9%. Passenger transport services have risen in price by 5.7%.

In the sphere of housing and communal services, tariffs for electricity and garbage collection increased by 3.7%, sanitation - by 1.6%, and for central heating – decreased by 2.3%, hot water – by 0.9%.

 

*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%.