The annual inflation rate in Kazakhstan eased to 12.2% in January 2026 from 12.3% in the previous month, marking its lowest level since August. Price growth slowed for housing and utilities (0.8% vs 1.2% in December), healthcare (0.9% vs 1.5%), and alcoholic beverages and tobacco (0.1% vs 0.2%). At the same time, costs held steady for clothing and footwear (1%), and restaurants and hotels (0.2%). Meanwhile, inflation increased for food and non-alcoholic drinks (5.4% vs 5.2%), transport (1.1% vs 1%), household items, appliances and routine home maintenance (0.5% vs 0.4%), recreation and culture (0.5% vs 0.3%), and restaurants and hotels (0.3% vs 0.2%). On a monthly basis, consumer prices rose 1%, accelerating from 0.5% gain in the prior month. source: Agency of the Republic of Kazakhstan on Statistics

Inflation Rate in Kazakhstan decreased to 12.20 percent in January from 12.30 percent in December of 2025. Inflation Rate in Kazakhstan averaged 35.04 percent from 1992 until 2026, reaching an all time high of 2960.80 percent in December of 1992 and a record low of 1.90 percent in December of 1998. This page provides the latest reported value for - Kazakhstan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kazakhstan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Inflation Rate in Kazakhstan decreased to 12.20 percent in January from 12.30 percent in December of 2025. Inflation Rate in Kazakhstan is expected to be 12.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Inflation Rate is projected to trend around 8.80 percent in 2027 and 8.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-05 12:30 PM
Inflation Rate YoY
Dec 12.3% 12.4% 12.1%
2026-02-02 07:10 AM
Inflation Rate YoY
Jan 12.2% 12.3% 12.0%
2026-03-02 07:00 AM
Inflation Rate YoY
Feb 12.2%


Related Last Previous Unit Reference
CPI Transportation 123.81 123.32 points Dec 2025
Export Prices 98.20 100.30 points Nov 2025
Food Inflation 13.50 13.40 percent Dec 2025
Import Prices 99.30 101.00 points Nov 2025
Inflation Rate YoY 12.20 12.30 percent Jan 2026
Inflation Rate MoM 1.00 0.90 percent Jan 2026


Kazakhstan Inflation Rate
In Kazakhstan, the most important component of the consumer price index is food and non-alcoholic beverages (37 percent of the total weight). Housing, water, electricity, gas and other fuels account for 15 percent; clothing and footwear for 11 percent; and transport for 10 percent. The index also includes: miscellaneous goods and services (6 percent); household equipment (5 percent); communication (4 percent); health care (4 percent); education (3 percent); recreation and culture (3 percent); alcoholic beverages and tobacco (2 percent); and restaurants and hotels (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
12.20 12.30 2960.80 1.90 1992 - 2026 percent Monthly

News Stream
Kazakhstan Inflation Rate Hits 5-Month Low
The annual inflation rate in Kazakhstan eased to 12.2% in January 2026 from 12.3% in the previous month, marking its lowest level since August. Price growth slowed for housing and utilities (0.8% vs 1.2% in December), healthcare (0.9% vs 1.5%), and alcoholic beverages and tobacco (0.1% vs 0.2%). At the same time, costs held steady for clothing and footwear (1%), and restaurants and hotels (0.2%). Meanwhile, inflation increased for food and non-alcoholic drinks (5.4% vs 5.2%), transport (1.1% vs 1%), household items, appliances and routine home maintenance (0.5% vs 0.4%), recreation and culture (0.5% vs 0.3%), and restaurants and hotels (0.3% vs 0.2%). On a monthly basis, consumer prices rose 1%, accelerating from 0.5% gain in the prior month.
2026-02-02
Kazakhstan Inflation Rate Softens to 4-Month Low of 12.3%
The annual inflation rate in Kazakhstan eased for the third month to 12.3% in December 2025, the lowest since August, compared to November's 12.4%. Price-growth moderated a bit for non-food products (11.1% vs 11.2% in November) and services (12% vs 12.3%), but edged higher for food products (13.5% vs 13.4%). On a monthly basis, the CPI rose by 0.9% in December, after a 0.8% increase in the prior month.
2026-01-05
Kazakhstan Inflation Eases to 3-Month Low
The annual inflation rate in Kazakhstan slowed to 12.4% in November 2025 from 12.6% in the previous month. This marked the lowest reading since August, mainly driven by softer price increases for housing and utilities (1.2% vs 1.3% in October) and healthcare (1.5% vs 1.6%). Meanwhile, inflation remained unchanged for most of the sub-indices, such as food and non-alcoholic beverages (at 5.2%), transport (at 1%), miscellaneous goods and services (at 1.1%), recreation and culture (at 0.3%). On a monthly basis, consumer prices rose by 0.8% in November, accelerating from a one-year low of 0.5% gain in the preceding period.
2025-12-01