Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    8.4%
    Inflation in the Republic of Kazakhstan in June 2024 slowed down, for the year amounted to 8.4% (in May 2024 – 8.5%). For the month, inflation amounted to 0.4% (same as the previous month).
    13.8%
    Prices for paid services the year increased by 13.8% (in May 2024 – 13.9%), non-food products – by 7.4% (in May 2024 – 7.6%), food products – by 5.4% (in May 2024 – 5.5%).
    Dynamics of inflation

    Compared to June last year, tariffs for water disposal increased by 43.5%, cold water – by 36.7%, central heating – by 33%, electricity – by 31.7%, garbage collection – by 30.7%, hot water – by 30.4%.

    The cost of renting housing increased by 11.1%. Prices for services of hairdressers and personal service establishments increased by 13.6%, recreation and sporting activities services – by 13.3%, health services – 12.7%, cellular services – 12.4%, funeral services – by 12%, organization of comprehensive recreation – by 11.5%, housing repair services – by 9.7%, sanatorium services, catering services – by 9.4%. Taxi increased by 12%, city bus – by 10.1%, rail passenger transport – by 8.3%, intercity bus – by 2.9%.

    The price level for new domestically assembled cars increased by 21.7%, pharmaceutical products – by 11.2%, clothes and shoes – by 11.1%, furniture and household items – by 10.1%, personal goods – by 8.4%, building materials – by 6.2%. Coal rose in price by 10%, liquefied gas in cylinders – by 9.7%.

    Increases in prices was noted for mineral and drinking water by 16.3%, fresh fruits – by 15.7%, rice – by 12.5%, alcoholic beverages and tobacco products – by 12.3%, eggs – by 12.1%, soft drinks – by 11.9%, fruit and vegetable juices, frech fish – by 11%, confectionery – by 10.7%, butter – by 10.4%, wheat bread made from premium flour – by 9.1%. A decrease in prices was observed for onions by 40.4%, buckwheat – by 23.1%, sunflower oil – by 22.3%, white cabbage – by 22.1%, granulated sugar – by 5.6%.

    Regionally in June 2024 in annual terms, the inflation rate exceeding the republican average was observed in nine regions, of which the highest was in Karagandy (10.8%), Mangystau (10.3%) regions, in Astana city (10.1%).

    Annual inflation in the regions for June
    in percentages, increase
    2024 2023 2022
    Republic of Kazakhstan 8,4 14,6 14,5
    Abay 7,9 14,7 14,3
    Akmola 9,2 15,8 15,3
    Aktobe 8,2 14,4 14,5
    Almaty 5,5 13,0 14,3
    Atyrau 8,6 13,7 14,1
    Batys Kazakhstan 8,2 14,6 14,4
    Zhambyl 7,2 14,5 13,7
    Zhetisu 8,6 14,7 15,0
    Karagandy 10,8 14,0 15,5
    Kostanay 8,1 14,7 14,2
    Kyzylorda 7,0 14,5 14,1
    Mangystau 10,3 15,6 17,0
    Pavlodar 9,1 15,0 13,8
    Soltustik Kazakhstan 8,9 15,9 14,2
    Turkistan 6,7 14,4 15,7
    Ulytau 6,9 15,9 15,3
    Shygys Kazakhstan 8,9 15,3 14,3
    Astana city 10,1 15,8 14,6
    Almaty city 8,4 14,4 14,2
    Shymkent city 7,8 14,1 13,9
    Contribution to the annual rate of inflation

    The largest contribution to the annual inflation rate was made by housing services (2.3 percentage points), food and soft drinks (2 percentage points), clothing and footwear (1.1 percentage points).

    During the year, prices for bakery products and cereals increased by 6.5%, meat and meat products – by 4.3% and made the main contribution to inflation of 0.4 and 0.5 percentage points, respectively. The rise in price of eggs by 12.1%, soft drinks – by 7.7%, dairy products – by 6.1% and contributed 0.2 percentage points each, fruits and vegetables (by 4.7%) – by 0.3 percentage points in annual inflation.

    Housing and communal services rose in price by 17.6% over the year and their contribution to inflation amounted to 2.3 percentage points. In June 2024, compared to June of last year, central heating increased by 33%, rental housing – by 11.1% and contributed to annual inflation by 0.3 percentage points, respectively. Electricity rose in price by 31.7%, the contribution was 0.7 percentage points, cold water (by 36.8%), residential maintenance and repair services (by 7.4%) – by 0.2 percentage points, respectively.

    Contribution of individual components to annual inflation in the Republic of Kazakhstan in June 2024
    in percentages, increase
    Goods and services Rate of increase Contribution to price growth
    Food products 5,4 2,230
    Bakery products and cereals 6,5 0,431
    Meat and meat products 4,3 0,527
    Milk products 6,1 0,237
    Eggs 12,1 0,154
    Oils and fats -4,4 -0,123
    Fruits and vegetables 4,7 0,349
    Sugar -5,3 -0,062
    Soft drinks 7,7 0,158
    Non-food products 7,4 2,285
    Cloth 10,5 0,682
    Shoes 12,2 0,381
    Detergents -2,0 -0,031
    Petrol 2,0 0,059
    Goods for personaluse 8,4 0,253
    Paid services 13,8 3,844
    Housing services, water, electricity, gas and other fuels 17,6 2,307
    payment for housing maintenance 8,9 0,065
    rental of property 11,1 0,324
    residential maintenance and repair 7,4 0,187
    cold water 36,8 0,188
    hot water 30,4 0,118
    garbage removal 30,7 0,089
    drainage 43,5 0,099
    electricity 31,7 0,656
    gas 9,2 0,101
       gas, transported through distribution networks 9,1 0,083
       liquefied 9,7 0,018
    central heating 33,0 0,324
    solid fuels 10,0 0,143
    intercom 8,6 0,013⁠
    Over the month, the price level of non-food products and paid services increased by 0.6%, while food products – did not change.
    Inflation for the month
    in percentages, increase
    June
    goods and services food products non-food products paid services
    2020 0,4 0,5 0,5 0,2
    2021 1,1 1,7 0,8 0,7
    2022 1,6 1,9 1,9 0,8
    2023 0,5 0,2 0,7 0,6
    2024 0,4 0,0 0,6 0,6
    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 749057
    Executor:
    A.Makizhanova
    Tel. +7 7172 749265
    Address:
    010000, Astana
    Mangilik el avenue, 8
    House of Ministries, entrance 4