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.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Lukoil expands in Kazakhstan

Lukoil is expanding its oil and gas operations in Kazakhstan, the Moscow-based Kommersant newspaper reported on April 8, amid limited overseas opportunities for the company because of Russia’s ... more

Kazakhstan and Uzbekistan’s combined IT exports surpass $800mn

Kazakhstan and Uzbekistan’s combined IT exports surpassed $800mn in 2023. The Kazakh IT sector's export revenue jumped from $50mn in 2020 to over $500mn last year. Astana Hub was a major ... more

Reconstruction of Afghanistan-Uzbekistan railway starts, ambition is to extend route to Pakistan

Engineers have commenced the $6.3mn and three-month reconstruction of the 75-kilometre (47-mile) cross-border railway line that links Uzbekistan and Afghanistan, ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    5 days ago
  2. Saudi Arabia to scale back plans for Neom city
    9 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    6 days ago
  4. PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
    7 days ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    20 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    24 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    29 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    22 days ago

Reports

Dismiss