Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
Inflation in the Republic of Kazakhstan
01.03.2024
Inflation in the Republic of Kazakhstan

In February 2024, the monthly consumer price index accelerated and amounted to 1.1% (in January this year – 0.8%). Prices for paid services increased by 1.7%, food products - by 0.8%, non-food products - by 0.7%.

In the field of housing and communal services hot water tariffs have in creased by 11.6%, central heating - by 10.7%, cold water - by 8.3%, water disposal - by 7.3%. Prices for cellular communication services increased by 6.2%, bathhouse services - by 3.8%, healthcare services - by 2.1% , catering services - by 1.2% .

Among food products, prices for cucumbers increased by 14.8%, tomatoes - by 8%, sweet peppers - by 5.4%, bananas - by 3.8% .Price increases were noted for bread by 1.3%, flour - by 1%, pasta - by 0.8%. Cheaper buckwheat by 2.4%, sunflower oil - by 2 %, granulated sugar by - 1.5%.

Price increases in February 2024 were noted for household appliances by 2.2%, cars - by 1.6%, textiles - by 0.9%, personal goods - by 0.7%. Medicines increased in price by 1.2%.

Among the regions, the highest monthly inflation was registered in the Karagandy region - 1.9% (above the republican average by 0.8 percentage points ), the lowest – in Abay and Almaty regions 0.5% each .

By region, prices for food products increased the most in Shymkent city by 1.4 %, non-food goods– in Мangystau region by 1.5%, paid services - in the Karagandy region by 3.7%.



Inflation in February 2024 on an annualized basis amounted to 9.3%. Prices for paid services increased by 12.8%, non-food products - by 8.5%, food products - by 7.4%.

Compared to February 2023, tariffs for sewerage increased by 33.9%, central heating - by 30.9%, cold water - by 30.8%, garbage removal - by 30.7%, hot water - by 29.4%, electricity - by 19.9%. Grapes rose in price by 44.3%, white cabbage - by 29.7%, rice - by 26%. Prices for paracetamol increased by 63.3%, acetylsalicylic acid - by 60.1%, activated carbon - by 32.3%. On the contrary, in annual terms, onions fell in price by 42.5%, buckwheat - by 24.3%, sunflower oil - by 21.2%, granulated sugar - by 14.8%, potatoes - by 12%.

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.

« The Bureau calculates the indicator monthly consumer price index, characterizing the level of inflation. We are observing changes in tariffs and prices for services and goods for a total of 508 items. Price registration is carried out for 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 regional centers ,” explains the director of the Department of Price Statistics of the Bureau Kuanyshbek Zhakypbekuly.

*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%.

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