Latest reading: Consumer prices were up 2.4% on a year-on-year basis in February, unchanged from the prior month’s reading. February’s...
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 January from December
Latest reading: Consumer prices were up 12.2% in annual terms in January, following a 12.3% increase in the previous month. Relative to the prior month's data, there were milder price pressures for food and non-alcoholic beverages (+13.0% in annual terms vs +13.5% in December), transportation (+12.4% vs +12.7% in December) and housing and utilities (+8.3% vs +9.3% in December). In contrast, there were higher price pressures for health (+17.1% vs +17.0% in December) and restaurants and hotels (+14.4% vs +13.8% in December). Finally, consumer prices were up 0.97% in January in month-on-month terms, following a 0.87% increase 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 23 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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United States: Inflation stabilizes in February -
Mexico: Inflation rises in February from the prior month Latest reading: Consumer prices were up 4.0% on a year-on-year basis in February, following a 3.8% rise in the previous... -
Belarus: Inflation hits one-year low in February Latest reading: Consumer prices increased 5.6% in annual terms in February, following a 6.4% increase in the previous month. February’s... -
Taiwan: Inflation picks up in February from January Latest reading: Consumer prices increased 1.8% in annual terms in February, following a 0.7% increase in the prior month. February’s... -
China: Inflation picks up in February from January Latest reading: Consumer prices increased 1.3% on a year-on-year basis in February, following a 0.2% increase in the previous month.... -
Colombia: Inflation eases in February from January Latest reading: Consumer prices rose 5.3% in annual terms in February, following a 5.4% increase in the prior and remain... -
Chile: Inflation eases in February from the prior month Latest reading: Consumer prices rose 2.4% on a year-on-year basis in February, following a 2.8% rise in the previous month....