Bureau of National statistics
Agency for Strategic planning and reforms of the Republic of Kazakhstan
Insssflation in the Republic of Kazakhstan
01.04.2024
Insssflation in the Republic of Kazakhstan

In March 2024, the monthly consumer price index slowed down and amounted to 0.7% (in February of this year – 1.1%). Prices for paid services increased by 1.1%, food products - by 0.6%, non-food products - by 0.5%.

In the field of housing and communal services, tariffs for sewerage increased by 6.1%, electricity - by 5.9%, cold water - by 4.4%, central heating - by 2.4%, hot water - by 2.3% . Hotel services increased in price by 1.7%, catering – by 1.2%, hairdressing salons – by 0.8%.

Food prices increased noticeably for fruits and vegetables, including apples by 4.7%, grapes, carrots - by 2.7% each, and white cabbage - by 1.4%. Price increases were noted for granulated sugar by 3.2%, eggs – by 1.5%, fermented milk products – by 1.3%, drinking milk, bread – 0.9% each. Cucumbers fell in price by 7.1%, sunflower oil – by 5.7%, onions – by 5%, buckwheat – by 3%.

Price increase in March of this year noted for small electrical appliances by 3.5%, furniture and household items – by 2.5%, used cars – by 1.7%, textiles – by 0.6%.

Among the regions, the highest monthly inflation was registered in the Pavlodar region - 2.1% (above the republican average by 1.4 percentage points), the lowest - in the Turkestan region by 0.2%.

By region, prices for food products increased the most in the Zhetisu region by 1.1%, non-food products - in Shymkent city by 1.2%, paid services - in the Pavlodar region by 5.8%.



Inflation in March 2024 on an annualized basis amounted to 9.1%. Prices for paid services increased by 13.2%, non-food products - by 8.2%, food products - by 6.9%.

Compared to March 2023, tariffs for sewerage increased by 42%, cold water - by 36.5%, central heating - by 33.2%, hot water - by 31.9%, garbage removal - by 30.7%, electricity - by 26.1%. Prices for acetylsalicylic acid increased by 61.9%, paracetamol - by 47.4%, activated carbon - by 32.7%, fenistil New Drops - by 24.9%. Grapes rose in price by 40.4%, white cabbage - by 25.9%, rice - by 22.7%, eggs - by 19%, apples - by 18.3%. On the contrary, in annual terms, onions fell in price by 45%, buckwheat – by 25.1%, sunflower oil – by 24.6%, granulated sugar – by 10.1%.

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 monthlyconsumer 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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