Kazakhstan posts 0.7% increase in monthly inflation

Increase in prices was noted for cellular communication services by 11.5%, Internet communication — by 6.8%. Air transport services rose in price by 12.9%, comprehensive leisure — by 11.5%.

In July 2024, the monthly consumer price index amounted to 0.7% (in June 2024 — 0.4%). Prices for paid services increased by 1.6%, non-food products — by 0.7%, food products — by 0.2%, Kazinform News Agency cites the National Statistics Bureau.

Increase in prices was noted for cellular communication services by 11.5%, Internet communication — by 6.8%. Air transport services rose in price by 12.9%, comprehensive leisure — by 11.5%.

The growth in prices for liquefied gas in cylinders in July this year amounted to 5.3%. The price of dishes rose by 1%, clothes and shoes — by 0.8%. Prices for medicines increased by 0.6%.

As for foodstuffs, prices for cabbage increased by 16.8%, potatoes — by 7.5%, bulb onions — by 7.3%. Increases in prices were observed for tobacco products by 3.8%, mineral water — by 1.6%, while prices for tomatoes decreased by 18.2%, sweet pepper — by 11.2%, beet — by 6.3%, cucumbers — by 5.8%.

Among the regions, the highest monthly inflation was registered in Astana city — 1.3% (higher than the average republican level by 0.6 p.p.), the lowest — in Kostanay region — 0.2%.

By region, prices for food products increased the most in Pavlodar region by 1%, for non-food products — in Turkestan region by 2.1%, and for paid services — in Zhambyl region by 4.4%.

In July 2024, the monthly consumer price index amounted to 0.7% (in June 2024 — 0.4%). Prices for paid services increased by 1.6%, non-food products — by 0.7%, food products — by 0.2%.

Inflation in July 2024 amounted to 8.6% on an annualized basis. Prices for paid services increased by 14.5%, non-food products — by 7.3%, food products — by 5.5%.

Compared to June 2023, the tariffs for water disposal increased by 42.7%, cold water — by 36.5%, central heating — by 33%, electricity — by 31%, hot water — by 29.6%, garbage removal — by 25.1%. Health care services rose in price by 11.4%, connection — by 10.7%. Acetylsalicylic acid prices increased by 59.4%, activated carbon — by 32.1%, Hilak forte — by 25.4%, paracetamol — by 19.8%. Bananas rose in price by 29.9%, grapes by 26.6%, cucumbers by 23.5%, olive oil by 20.2%. On the contrary, in annual terms, the price of bulb onions by 34.8%, buckwheat — by 22.1%, sunflower oil — by 20.8%, cabbage by 19% decreased.