Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    9.5%
    Inflation in the Republic of Kazakhstan in January 2024 slowed down for the year and amounted to 9.5% (in December 2023 – 9.8%). For the month, inflation amounted to 0.8% (same as the previous month).
    8.2%
    Prices for food products for the year increased by 8.2% (in December 2023 – 8.5%), for non-food products – by 8.6% (in December 2023 – 9.1%), for paid services – by 12.3% (in December 2023 – 12.4%).
    Annual inflation in the Republic of Kazakhstan for 2022-2024
    January 2024
    Dynamics of inflation

    Compared to January last year, the increases in prices was noted for rice by 31.3%, mineral and drinking water – by 17.2%, eggs – by 16.9%, soft drinks – by 15.5%, alcoholic beverages and tobacco products – by 15%, canned milk – by 13.9%, butter – by 13.1%, fresh fruits and vegetables – by 12.3%, kefir 2.5% fat content – by 11.9%, pasteurized milk – by 11.8%, bakery and flour confectionery – by 11.7%, fish and seafood – by 11.5%. A decrease in prices was observed for onions by 26.4%, buckwheat – by 23.6%, sunflower oil – by 19.8%, granulated sugar – by 15.5%.

    The price level for personal goods, furniture and household items increased by 11.8%, pharmaceutical products – by 11.7%, clothing and footwear – by 11.1%, dishes – by 10.6%, building materials – by 7.3%. Diesel fuel rose in price by 14.3%, gasoline – by 13.6%, liquefied gas in cylinders – by 13.5%, coal – by 10.1%.

    Prices for sanatorium services increased by 16.1%, organizations of complex recreation – by 16%, services in the field of recreation and sports events, hairdressers and personal service establishments – by 13.6%, health services – by 13.2%, education – by 10.2%, catering – by 7.9%. Travel by rail passenger transport increased by 10.7%, taxi – by 10.1%, city bus – by 9.3%, air passenger transport – by 9.2%, intercity bus – by 7.9%.

    Tariffs for garbage collection increased by 29.6%, water disposal – by 28.6%, central heating – by 26.7%, hot water – by 23.2%, cold water – by 21.9%, electricity – by 20.7%, housing maintenance – by 7.8%.

    Regionally in January 2024 in annual terms, the inflation rate exceeding the republican average was observed in ten regions, of which the highest was in Karagandy (11.3%), Mangystau (10.6%), Atyrau and Shygys Kazakhstan (10.1%) regions.

    Annual inflation in the regions, in %
    2024 2023 2022
    Republic of Kazakhstan 9,5 20,7 8,5
    Abai 9,6 21,0 ...
    Akmola 9,8 21,8 9,3
    Aktobe 8,6 20,7 9,2
    Almaty 8,5 18,0 8,2
    Atyrau 10,1 19,9 8,7
    Batys Kazakhstan 8,9 20,6 8,6
    Zhambyl 9,1 20,2 8,1
    Zhetisu 9,9 20,5 ...
    Karagandy 11,3 20,6 8,7
    Kostanai 8,9 20,7 8,4
    Kyzylorda 8,1 20,9 8,0
    Mangystau 10,6 24,1 8,7
    Pavlodar 8,9 20,6 8,5
    Soltustik Kazakhstan 9,5 21,7 8,3
    Turkistan 9,7 21,1 8,4
    Ulytau 10,0 20,9 ...
    Shygys Kazakhstan 10,1 20,8 8,8
    Astana city 8,8 23,8 8,3
    Almaty city 9,9 20,2 8,6
    Shymkent city 9,0 20,4 8,5
    Contribution to the annual rate of inflation

    The largest contribution to the annual inflation rate was made by food and soft drinks (3.1 percentage points), housing services (1.8 percentage points), clothing and footwear (1.1 percentage points).

    Contribution of the main groups of goods to the inflation of the Republic of Kazakhstan from January 2023 to 2024 January
    January 2024

    During the year, prices for bakery products and cereals increased by 10.1%, meat and meat products – by 6.8% and made the main contribution to inflation of 0.7 and 0.8 percentage points, respectively. The rise in price of eggs by 16.9%, soft drinks – by 10.9% contributed 0.2 percentage points, dairy products (by 10.4%) – by 0.4 percentage points, fruits and vegetables (by 9%) – 0.5 percentage points in annual inflation.

    Housing and communal services rose in price by 13.8% over the year and their contribution to inflation amounted to 1.8 percentage points. In January 2024, compared to January of last year, central heating increased by 26.7% and contributed to annual inflation by 0.3 percentage points, electricity (by 20.7%) – by 0.4 percentage points, services for maintenance and repair of residential premises (by 8.7%), rental housing (by 7.9%) – by 0.2 percentage points.

    Contribution of individual components to annual inflation in the Republic of Kazakhstan in January 2024
    Goodsandservices Rate of increase Contribution to price growth
    Foodproducts 8,2 3,442
    Bakeryproductsandcereals 10,1 0,704
    Meatandmeatproducts 6,8 0,806
    Milkproducts 10,4 0,403
    Eggs 16.9 0,212
    Oilsandfats -3,4 -0,063
    Fruitsandvegetables 9,0 0,518
    Sugar -14,9 -0,170
    Softdrinks 10,9 0,226
    Non-foodproducts 8,6 2,669
    Cloth 10,4 0,672
    Shoes 12,6 0,388
    Detergents 3,0 0,049
    Petrol 13,6 0,319
    Goodsforpersonaluse 11,8 0,354
    Paidservices 12,3 3,393
    Housing services, water, electricity, gas and other fuels 13,8 1,784
    housingmaintenancefee 7,8 0,056
    rentalofproperty 7,9 0,228
    residentialmaintenanceandrepair 8,7 0,217
    coldwater 21,9 0,111
    hotwater 23,2 0,089
    garbageremoval 29,6 0,085
    drainage 28,6 0,065
    electricity 20,7 0,424
    gas 10,0 0,108
    gas, transported through distribution networks 9,2 0,083
    liquefied 13,5 0,025
    centralheating 26,7 0,260
    solidfuel 9,3 0,132
    doorphone 6,0 0,009
    Over the month, the price level of food products increased by 1.1%, paid services – by 0.7%, non-food products – by 0.5%.
    Inflation for the month, in %
    January
    goods and services food products non-food products paid services
    2019 0,5 1,3 0,3 -0,2
    2020 0,7 0,9 0,5 0,5
    2021 0,6 1,1 0,3 0,3
    2022 0,7 1,0 0,3 0,6
    2023 1,1 1,4 0,9 0,7
    2024 0,8 1,1 0,5 0,7
    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