Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    9.8%
    Inflation in the Republic of Kazakhstan in December 2023 slowed down for the year and amounted to 9.8% (in November 2023 – 10.3%), for the month – 0.8% (the previous month – 1%).
    8.5%
    Prices for food products for the year increased by 8.5% (in November 2023 – 9.2%), for non-food products – by 9.1% (in November 2023 – 9.9%), for paid services – by 12.4% (in November 2023 – 12%).
    Annual inflation in the Republic of Kazakhstan for 2021-2023
    December 2023
    Dynamics of inflation

    Compared to December last year, the increases in prices were noted for rice by 34.3%, mineral and drinking water – by 18.4%, canned milk – by 16.9%, alcoholic drinks and tobacco products – by 15.6%, kefir 2.5% fat, eggs – by 13.4%, butter – by 13.3%, pasteurized milk, fresh fruits and vegetables – by 12.8%, bakery and flour products – by 12.3%, fish and seafood – by 12.1%, confectionery – by 10.7%. A decrease in prices was observed for buckwheat by 22.6%, sunflower oil – by 18%, and granulated sugar – by 15.8%.

    The price level for personal goods increased by 12.4%, furniture and household items – by 11.8%, dishes – by 11.4%, clothes and shoes – by 11.3%, pharmaceutical products – by 10.4%, and building materials – by 7.3%. Diesel fuel rose in price by 15.2%, gasoline – by 13.7%, liquefied gas in cylinders – by 13.6%, and coal – by 10.7%.

    Prices for complex recreation organizations increased by 16.8%, sanatorium services – by 15.8%, healthcare – by 13.6%, in the field of recreation and sports events – by 13.5%, hairdressing salons and personal service establishments – by 12.8%, education services – by 9.6%, public catering – by 8%. Travel by taxi increased by 9.1%, by city bus – by 8.9%, by intercity bus – by 8.8%, by air passenger transport – by 8.6%, railway transport – by 7.3%.

    Tariffs for garbage collection increased by 33.2%, water disposal – by 28.8%, central heating – by 26.1%, hot water – by 23.4%, cold water – by 22%, electricity – by 19.9%, and housing maintenance – by 7%.

    Regionally in December 2023 in annual terms, the inflation rate exceeding the republican average was observed in nine regions, of which the highest was in Karaganda (11.1%), Akmola (10.7%), and Mangystau (10.6%) regions.

    Annual inflation in the regions, in %
    2023 2022 2021
    Republic of Kazakhstan 9,8 20,3 8,4
    Abai 9,7 20,1
    Akmola 10,7 21,1 8,9
    Aktobe 9,3 19,8 8,7
    Almaty 8,4 17,7 8,2
    Atyrau 9,6 19,7 8,3
    Batys Kazakhstan 9,2 20,2 8,5
    Zhambyl 9,2 19,8 8,1
    Zhetisu 10,0 19,9
    Karaganda 11,1 20,7 8,5
    Kostanai 9,3 20,2 8,3
    Kyzylorda 8,8 19,9 8,2
    Mangystau 10,6 24,0 9,2
    Pavlodar 9,3 20,1 8,3
    Soltustik Kazakhstan 10,5 20,6 8,4
    Turkistan 10,2 20,5 8,3
    Ulytau 10,5 20,8
    Shygys Kazakhstan 10,1 20,0 9,1
    Astana city 9,1 23,0 8,8
    Almaty city 10,2 20,1 8,2
    Shymkent city 9,5 19,7 8,2
    Contribution to the annual rate of inflation

    The largest contribution to the annual inflation rate was made by food and soft drinks (3.3 percentage points), housing services (1.8 percentage points), and clothing and footwear (1.1 percentage points).

    Contribution of the main groups of goods to the inflation of the Republic of Kazakhstan from December 2022 to December 2023
    December 2023

    During the year, prices for bakery products and cereals increased by 10.8%, meat and meat products – by 7% and made the main contribution to inflation of 0.8 and 0.9 percentage points, respectively. The rise in the price of eggs by 13.4%, soft drinks – by 11.4% contributed 0.2 percentage points, dairy products (by 11.2%) – by 0.4 percentage points, and fruits and vegetables (by 9.5%) – by 0.5 percentage points in annual inflation.

    Housing and communal services rose in price by 13.9% over the year and their contribution to inflation amounted to 1.8 percentage points. In December 2023, compared to December of last year, central heating increased by 26.1% and contributed to annual inflation by 0.3 percentage points, electricity (by 19.9%) – by 0.4 percentage points, services for maintenance and repair of residential premises (by 8.6%) – by 0.2 percentage points.

    Contribution of individual components to annual inflation in the Republic of Kazakhstan in December 2023
    Goods and services Rate of increase Contribution to price growth
    Food products 8,5 3,554
    Bakery products and cereals 10,8 0,758
    Meat and meat products 7,0 0,860
    Milk products 11,2 0,420
    Eggs 13,4 0,151
    Oils and fats -2,6 -0,060
    Fruits and vegetables 9,5 0,544
    Sugar -15,2 -0,131
    Soft drinks 11,4 0,245
    Non-food products 9,1 2,709
    Cloth 10,6 0,680
    Shoes 12,8 0,392
    Detergents 5,9 0,090
    Petrol 13,7 0,325
    Goods for personal use 12,4 0,365
    Paid services 12,4 3,527
    Housing services, water, electricity, gas and other fuels 13,9 1,835
    Housing maintenance fee 7,0 0,065
    rental of property 8,1 0,196
    residential maintenance and repair 8,6 0,204
    coldwater 22,0 0,112
    hot water 23,4 0,082
    garbage removal 33,2 0,085
    drainage 28,8 0,064
    electricity 19,9 0,430
    gas 10,0 0,131
    gas, transported through distribution networks 9,2 0,098
    liquefied 13,6 0,033
    central heating 26,1 0,294
    solid fuel 9,9 0,159
    door phone 6,9 0,013
    Over the month, the price level of food products increased by 0.9%, paid services – by 0.8%, non-food products – by 0.5%.
    Inflation for the month, in %
    December
    goods and services food products non-food products paid services
    2018 0,7 1,2 0,5 0,2
    2019 0,7 1,1 0,6 0,3
    2020 0,9 1,5 0,5 0,4
    2021 0,6 0,6 0,7 0,5
    2022 1,2 1,6 1,3 0,5
    2023 0,8 0,9 0,5 0,8
    Glossary

    Inflation - an indicator that characterizes the change in time of the average price level for a fixed list of goods and services purchased by the population for personal consumption.

    Contribution - the amount of influence of the percentage change in the indicator on the overall value of inflation.

    Methodological explanations

    The consumer price index, which characterizes the level of inflation, reflects the change over time in the general level of prices for goods and services purchased by the population for personal consumption.

    The calculation of the consumer price index is based on information obtained from two sources:

    • data on price changes collected by their direct registration in specially selected for this purpose outlets and places of services;
    • household survey materials regarding the structure of actual consumer spending of the population.

    The collection of information on price changes is carried out in a selective circle of cities and regional centers, in all regional centers, in cities of republican significance and the capital. The choice of basic trade and service enterprises is carried out locally. Objects of all types of trade and paid services are selected so that the survey includes enterprises with different trading conditions and regularly selling goods (services) of mass demand.

    The set of goods and services for monitoring consumer prices and calculating the CPI is a single sample for all regions of Kazakhstan. The list of goods and services contains 508 items, which representatively includes the most representative types that occupy the largest share in the consumption of the population.

    The collection of information on prices is carried out directly at the places of sale of goods (services) by price registrars. Prices are fixed for goods paid on the day of the survey, including taxes, but excluding additional fees for their delivery.


    Release responsible:
    Department of Price Statistics
    Department Director:
    K.Zhakypbekuly
    Tel. +7 7172 749790
    Executor:
    A.Makizhanova
    Tel. +7 7172 749531
    E-mail: an.makizhanova@aspire.gov.kz
    Address:
    010000, Astana
    Mangilik el avenue, 8
    House of Ministries, entrance 4