Inflation in the Republic of Kazakhstan

Inflation in the Republic of Kazakhstan

For the month (November 2022 year)-inflation was 1.4%.

 

Food prices in November 2022 increased by 1.8%. Prices for cucumbers by 41.5%, tomatoes – by 26.1%, eggs – by 6.7%, onions – by 5.9%, rice – by 3.5%, sour creams – by 3.4%, fresh fruits – by 3%, salted herring – by 2.7%, kefir – by 2.5%, drinking milk – by 2.4%, confectionery – by 1.6%, cheese and cottage cheese – by 1.5%. Carrots fell by 2.9%, granulated sugar – by 1.9%.

The increase in prices for non-food products in November compared to October 2022 amounted by 1.6%. Diesel fuel prices increased by 13.9%, hard coal – by 2.6%, firewood – by 1.6%. Prices for detergents and cleaning products increased by 4.1%, personal goods – by 2.8%, clothing and footwear, tableware, textiles – 1.6% each.

The price level for paid services has increased by 0.8% over the past month. The increase in prices was noted for catering by 2.7%, baths – by 1.9%, hairdressers and beauty salons – by 1.8%, health services, in the field of recreation and sports events – 1.7% each, hotel services – by 1%.

Inflation in November 2022 was 19.6% year-on-year. Prices for food products increased by 24.1%, non–food products - by 18.6%, paid services – by 14.1%.

 

"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.

*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%.