Inccflation in the Republic of Kazakhstan
In October 2024, the monthly consumer price index accelerated and amounted to 0.9% (in September of this year – 0.4%). Prices for paid services increased by 1.4%, non-food products – by 1%, food products – by 0.4%.
In the field of housing and communal services, tariffs for cold water increased by 25%, sanitation – by 5.3%, housing maintenance – by 1%, electricity, hot water – by 0.6%. Passenger rail transport services have risen in price by 13%, cellular communications – by 5%.
An increase in prices in October this year was noted for firewood by 4.7%, coal – by 1.1%. Household appliances rose in price by 2.6%, clothing and shoes – by 0.9%, construction materials, personal goods – by 0.4%.
Of food products, prices for cucumbers increased by 9.7%, tomatoes – by 8.6%, lemons – by 7%, oranges – by 6.7%, salt – by 6.5%, eggs – by 3.2%, sunflower oil – by 2.4%. A decrease in prices was noted for carrots by 10%, grapes – by 5.7%, apples – by 3.4%, beets – by 3.2%, onions – by 2.8%, potatoes – by 2.1%.
Among the regions, the highest monthly inflation was registered in the city of Almaty – 1.7% (above the national average by 0.8 percentage points), the lowest in the Pavlodar region and the city of Astana – 0.4% each.
By region, prices for food products increased the most in the Almaty region by 0.8%, non-food products – in the Ulytau and Abai regions by 1.7%, paid services – in Almaty by 3.6%.
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Inflation in October 2024 was 8.5% year-on-year. Prices for paid services increased by 14.3%, non-food products – by 7.8%, food products – by 4.9%.
Compared to October 2023, tariffs for cold water increased by 60.3%, central heating – by 33.6%, sanitation – by 26.9%, electricity – by 22.9%, hot water – by 18.1%, garbage collection – by 16.3%. Passenger rail transport services rose by 23.7%, communications – by 17.4%, hairdressers and personal service establishments – by 11.9%. Prices for acetylsalicylic acid increased by 34.9%, activated carbon – by 23.9%, corvalol – by 18.3%. Cucumbers rose in price by 27.6%, tomatoes – by 27%, olive oil – by 23.1%, garlic – by 17.5%, potatoes – by 13.9%, confectionery – by 12.6%. On the contrary, buckwheat groats fell in price by 21.9%, carrots – by 16.2%, lemon – by 11.6%, sunflower oil – by 9.2%, granulated sugar – by 5.2%.
The consumer price index, which characterizes the level of inflation, is calculated monthly. Observations are carried out on tariffs and prices for services and goods, for a total of 508 items. Dynamic changes in inflation can be viewed on a specially designed interactiveyes board , which covers indicators starting from 2018.
*From January 2024 when constructing the consumer price index, the share of food products is 42.0%, non-food products – 29.8%, paid services – 28.2%.