2025.09.0300:31:10UTC+00Kazakhstan Inflation Rate Hits 2-Year High

Kazakhstan's annual inflation rate surged to 12% in August 2025, up from 11.8% in July, marking the highest rate since August 2023. This increase highlights intensified price pressures in both the food and non-food sectors. Food prices experienced a notable acceleration, rising by 11.7% compared to 11.2% in the previous month. This was largely driven by substantial cost increases in essential items such as meat and meat products (16.2% up from 13.2%), oils and fats (20.5% compared to 20.3%), eggs (8.4% versus 0.3%), and dairy products (8.6% from 8.2%).

In the non-food sector, inflation climbed to 9.7% from 9.5%, with significant price rises observed in clothing (10.2% up from 9.8%), gasoline (8.3% from 5.8%), as well as housing services, utilities, and energy-related costs including water, electricity, gas, and other fuels, which jumped to 17.7% from 15.7%.

On a month-to-month basis, consumer prices increased by 1%, accelerating from a 0.7% rise in July and marking the steepest monthly increase in four months.