Inflation hit 0.4 percent in Kazakhstan in October 2014

Baku, Azerbaijan, Nov 3.

By Elena Kosolapova - Trend:

In Kazakhstan inflation rate hit 0.4 percent in October, Kazakh Statistics Committee under the Ministry of National Economy reported.

Food and non-food items (NFIs) rose in prices by 0.5 percent in Oct., paid services - by 0.2 percent.

Inflation since the beginning of the year (October 2014 compared to December 2013) hit 6.3 percent. Also in this period food prices increased by 6.1 percent, NFIs prices - by 7.3 percent, prices for services - by 5.6 percent.

Year-on-year inflation (Oct. 2014 compared to Oct. 2013) hit 7.6 percent.

Among the food goods average prices for tomatoes rose by 16.3 percent, cucumbers - by 15.6 percent, cabbages - by 7.1 percent, potatoes - by 1.7 percent, cheese and pork - by 1.2 percent, confectionery, chicken - by 1.1 percent, pasteurized milk, yogurt - by 1 percent, sausages, meat products - by 0.9 percent, flour, cheese rennet - by 0.8 percent, coffee, tea and cocoa - by 0.5 percent, bread - by 0.4 percent. Meanwhile carrots reduced in price by 8.2 percent, sugar - by 3.4 percent, apples, butter - by 0.3 percent.

The prices for solid fuel rose by 2.9 percent, pharmaceutical products - by 1.3 percent, household devises - 0.8 percent, clothing and footwear, newspapers and periodicals - by 0.7 percent, detergents and cleaning products - 0.5 percent. Prices for gasoline AI-95.96 increased by 1 percent, A-98 - 0.9 percent.

Payment for the execution of payments increased by 4.3 percent, early childhood education - by 1.9 percent, hairdressing and personal services - by 0.7 percent. Restaurants and hotels increased prices for its services by 0.6 percent; recreation, entertainment and culture institutions - by 0.4 percent, health clinics - by 0.3 percent. Intercity bus fares went up by 1 percent, meanwhile services of rail passenger transport covering long distances fell in price by 2.8 percent and air transport - by 1.4 percent.

In the sphere of housing and communal services, tariffs for houses maintenance rose by 0.6 percent. Tariffs for gas supplied by distribution networks fell by 0.5 percent.

Edited by S.I.