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Inflation hits 4.4 percent in Kazakhstan

Business Materials 27 July 2010 18:29 (UTC +04:00)

Azerbaijan, Baku, July 27 / Trend S. Suleymanov /

The inflation rate hit 4,4 percent in Kazakhstan in the first half, Minister of Economic Development and Trade Zhanar Aitzhanova said, speaking at a governmental meeting in Astana.

"The inflation hits 4.4 percent in the first half of 2010. It is stipulated by increased prices for food by 5,6 percent, paid services - by 4.6 percent and consumer goods by 2,7 percent,"  Aitzhanova said.

She said fruit and vegetables increased in price by 20 percent, meat and meat products - 18.2 percent, sugar - 2.2 percent, non-alcoholic beverages - 1.9 percent, dairy products - 1.8 percent.

"As a result of June 2010 the annual inflation rate was 6.8 percent (in December 2009 - 6,2 percent)," she said.

Production of vegetable and animal oils and fats, processing and preserving of fish processing and canning of fruits and vegetables, beverages, dairy products, meat and meat products, products of the milling industry increased in Kazakhstan for six months.

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