CPI inflation in Kazakhstan slows to 4.5% y/y in June.

By bne IntelliNews July 2, 2013

CPI inflation slowed to 4.5% y/y in June, the State Stat Agency has informed. In Apr-May, CPI inflation stood at 4.6%, in March - at 4.7%, while in December-February it was above 5% y/y.

The deceleration of inflation in the summer months is typical due to seasonal factors. Still, this season inflation level is much higher than last year which is driven by higher prices for services.

Prices for food products increased by 2.8% y/y in June while for services they surged by 10.9% y/y. Prices for non-food products went up by 5.9% in the reported month. In m/m inflation made up 0.3%. Prices for food increased by 0.1% m/m, for non-food products - by 0.2% m/m and for services - by 0.5% m/m.

Prices for railway long-distance transportation wet up by 1% m/m, services in restaurants, hotels and sport facilitates grew by 0.7% while prices for health services grew by 0.4% m/m.

Related Articles

Kazakh court sentences labour union leader to two years in prison

A court in Kazakhstan on May 16 sentenced a labour union leader at the Oil Construction Company (OCC), Amin Eleusinov, to two years in prison after convicting him of ... more

EBRD lends Kazakhstan $180mn for irrigation systems upgrade

The European Bank of Reconstruction and Development (EBRD) has signed loan agreements worth $180mn at the bank’s annual meeting in Cyprus to support a strategic programme to ... more

Kazakh president mulls ban on beards, cropped trousers in move against religious extremism

Kazakh President Nursultan Nazarbayev raised the issue of banning Islamic attire and beards associated with extremism at a meeting with Kazakhstan’s Spiritual Board of Muslims on April 19, the ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss