Latest reading: Consumer prices were up 2.4% on a year-on-year basis in November, following a 2.5% rise in the prior...
Inflation in Kazakhstan
Consumer price inflation in Kazakhstan averaged 9.1% in the ten years to 2024, in line with the CIS Countries regional average of 7.9%. The 2024 average figure was 8.7%. For more information on inflation, visit our dedicated page.
Kazakhstan Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Kazakhstan from 2014 to 2025.
Source: Macrobond.
Kazakhstan Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 6.8 | 8.0 | 15.0 | 14.5 | 8.7 |
| Inflation (CPI, ann. var. %, eop) | 7.4 | 8.5 | 20.3 | 9.7 | 8.6 |
Inflation eases in October from September
Latest reading: Consumer prices rose 12.6% in annual terms in October, following a 12.9% rise in the previous month. Relative to the previous month's figures, there were higher price pressures for food and non-alcoholic beverages (+13.6% in annual terms vs +12.8% in September), transportation (+12.2% vs +11.3% in September), health (+18.1% vs +17.0% in September) and restaurants and hotels (+15.7% vs +14.0% in September). In contrast, price pressures reduced for housing and utilities in October (+11.3% vs +17.4% in September). Lastly, consumer prices were up 0.55% in October in month-on-month terms, following a 1.12% rise in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kazakhstani inflation projections for the next ten years from a panel of 22 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Kazakhstani inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kazakhstani inflation projections.
Want to get access to the full dataset of Kazakhstani inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Israel: Inflation decelerates in November from October -
Canada: Inflation stabilizes in November from October Latest reading: Consumer prices were up 2.2% in annual terms in November, stable from the previous month’s reading. The November... -
Bulgaria: Inflation eases in November from October Latest reading: Consumer prices rose 5.2% in annual terms in November, following a 5.3% rise in the previous month. Relative... -
Sweden: Inflation slows in November from the prior month Latest reading: Consumer prices with a fixed interest rate (CPIF) rose 2.3% in annual terms in November, following a 3.1%... -
Romania: Inflation stabilizes in November from the prior month Latest reading: Consumer prices were up 9.8% in annual terms in November, unchanged from the prior month’s reading. Relative to... -
Czech Republic: Inflation eases in November from the prior month Latest reading: Consumer prices rose 2.1% in annual terms in November, following a 2.5% rise in the previous month. November’s... -
Argentina: Inflation accelerates in November from October Latest reading: Consumer prices were up 31.4% in annual terms in November, following a 31.3% increase in the prior month....