The National Bank of Kazakhstan published data on inflation trends in the regions of Kazakhstan.

In August 2023, the country’s annual inflation slowed down and made 13.1% (14.0% in July). In terms of regions, inflation decelerated in all 20 regions.

At the same time, monthly inflation in the country during the reporting period amounted to 0.7%.

The highest values of annual inflation were recorded in Akmola region, Astana city and North-Kazakhstan region.

Growth pace of food products in August slowed down to 12.4% YoY (13.5% in July). The highest increase in prices for goods in this group was observed in Astana city (16.2%), while the lowest was in Shymkent city (9.7%).

Growth rate of prices for non-food products decelerated to 13.5% YoY (15,0% in July). The maximum value was recorded in Astana city (16.2%), while the minimum was in Ulytau region (9.6%).

Prices for paid services in August increased to 13.9% YoY (13.6% in July). At the same time, prices rose significantly higher than the national level in Aktobe region (at 17.4 %) and significantly lower in Astana city (9.5%).

For more details, please visit: nationalbank.kz/en/news/inflyacionnye-tendencii-v-regionah

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