Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
    Key indicators
    8.5%
    Inflation in the Republic of Kazakhstan in October 2024 accelerated, for the year amounted to 8.5% (in September 2024 – 8.3%), for the month – 0.9% (in the previous month – 0.4%).
    14.3%
    Prices for paid services the year increased by 14.3% (in September 2024 – 13.6%), non-food products – by 7.8% (in September 2024 – 7.6%), food products – by 4.9% (in September 2024 – 5.1%).
    Dynamics of inflation

    Compared to October last year, tariffs for cold water increased by 60,3%, central heating – by 33,6%, water disposal – by 26,9%, electricity – by 22,9%, hot water – by 18,1%, garbage collection – by 16,3%, gas transported through distribution networks – by 11,6%.

    The cost of renting housing increased by 9,9%. Prices for connection services increased by 17.4%, services of organization of comprehensive recreation – by 16.4%, hairdressers and personal service establishments – by 11.9%, funeral services – by 11.6%, health services – by 11.4%, recreation and sporting activities services – by 10.8%, maintenance and repair of personal vehicles services – by 10.7%, catering services – by 8.8%. Rail passenger transport increased by 23.7%, air passenger transport – by 16.4%, city bus – by 11.8%, taxi – by 10.6%.

    The price level for audiovisual and photographic equipment increased by 42.1%, new domestically assembled cars – by 35.3%, pharmaceutical products – by 11%, clothes and shoes – by 10.6%, furniture and household items – by 9.8%, personal goods – by 7.3%, building materials – by 6.3%. Firewood in price by 14.8%, liquefied gas in cylinders – by 9%, coal rose – by 8.5%.

    Increases in prices was noted for сucumbers by 27.6%, tomatoes – by 27%, tobacco products – by 15.8%, mineral and drinking water – by 14.1%, potato – by 13.9%, confectionery – by 12.6%, gold drinks – by 11.4%, fruit and vegetable juices – by 10.4%, eggs – by 9.4%. A decrease in prices was observed for buckwheat by 21.9%, white cabbage – by 20.8%, carrot – by 16.2%, sunflower oil – by 9.2%.

    Regionally in October 2024 in annual terms, the inflation rate exceeding the republican average was observed in ten regions, of which the highest was in Astana city (10.2%), Mangystau regions (9.7%), Almaty city and Batys Kazakhstan regions (9.4% each).

    Annual inflation in the regions for October
    in percentages, increase
    2024 2023 2022
    Republic of Kazakhstan 8,5 10,8 18,8
    Abay 9,2 9,7 19,5
    Akmola 8,3 12,7 19,9
    Aktobe 8,6 10,5 18,4
    Almaty 5,8 9,1 16,9
    Atyrau 8,7 10,6 17,7
    Batys Kazakhstan 9,4 10,4 18,4
    Zhambyl 6,9 11,3 16,8
    Zhetisu 8,1 11,7 18,4
    Karagandy 8,7 11,4 19,4
    Kostanay 7,4 10,7 18,5
    Kyzylorda 8,4 10,3 18,3
    Mangystau 9,7 10,3 22,7
    Pavlodar 8,5 10,6 18,1
    Soltustik Kazakhstan 9,0 12,1 18,6
    Turkistan 7,7 11,2 17,7
    Ulytau 6,9 11,4 19,6
    Shygys Kazakhstan 9,1 10,9 19,0
    Astana city 10,2 9,9 21,8
    Almaty city 9,4 11,1 18,8
    Shymkent city 7,2 9,7 18,5
    Contribution to the annual rate of inflation

    The largest contribution to the annual inflation rate was made by housing services (2.1 percentage points), food and non-alcoholic drinks (1.9 percentage point), clothing and footwear (1 percentage point).

    Over the year, prices for fruits and vegetables increased by 4.2%, meat and meat products – by 3.5% and made the main contribution to inflation by 0.4 percentage points, bakery products and cereals (by 4.7%) – by 0.3 percentage points. The rise in the price of soft drinks by 8.2% and dairy products by 5.3% contributed 0.2 percentage points to annual inflation.

    Housing and communal services have risen in price by 16.3% over the year and their contribution to inflation amounted to 2.1 percentage points. In October 2024, compared to October last year, electricity was 22.9% higher and contributed 0.5 percentage points to annual inflation. Cold water rose in price by 60.3%, central heating – by 33.6%, rental housing – by 9.9% and contributed to annual inflation by 0.3 percentage points, residential maintenance and repair services (by 7%) – by 0.2 percentage points.

    Contribution of individual components to annual inflation in the Republic of Kazakhstan in October 2024
    in percentages, increase
    Goods and services Rate of increase Contribution to price growth
    Food products 4,9 2,122
    Bakery products and cereals 4,7 0,305
    Meat and meat products 3,5 0,437
    Milk products 5,3 0,205
    Eggs 9,4 0,120
    Oils and fats 0,8 -0,009
    Fruits and vegetables 4,2 0,388
    Sugar -5,0 -0,058
    Soft drinks 8,2 0,169
    Non-food products 7,8 2,377
    Cloth 10,0 0,657
    Shoes 11,9 0,371
    Detergents 1,8 0,027
    Petrol 0,4 0,010
    Goods for personaluse 7,3 0,223
    Paid services 14,3 3,974
    Housing services, water, electricity, gas and other fuels 16,3 2,109
    payment for housing maintenance 8,8 0,064
    rental of property 9,9 0,291
    residential maintenance and repair 7,0 0,175
    cold water 60,3 0,311
    hot water 18,1 0,071
    garbage removal 16,3 0,047
    drainage 26,9 0,061
    electricity 22,9 0,477
    gas 11,1 0,123
       gas, transported through distribution networks 11,6 0,106
       liquefied 9,0 0,017
    central heating 33,6 0,332
    solid fuels 10,1 0,147
    intercom 6,6 0,010
    Over the month, the price level of paid services increased by 1.4%, non-food products – by 1%, food products – by 0.4%.
    Inflation for the month
    in percentages, increase
      October
    goods and services food products non-food products paid services
    2020 0,6 0,8 0,6 0,4
    2021 0,7 0,7 1,0 0,5
    2022 1,6 1,4 1,7 1,7
    2023 0,7 0,5 0,8 0,8
    2024 0,9 0,4 1,0 1,4
    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