Inflation in Kazakhstan hits 5.4% since early 2016

Business Materials 1 September 2016 15:18 (UTC +04:00)

Baku, Azerbaijan, Sep. 1
By Elena Kosolapova – Trend:
Inflation rate in Kazakhstan hit 5.4 percent in Jan.- Aug. 2016, Statistics Committee of the Ministry of National Economy of Kazakhstan reported.

Food prices have increased by 5.2 percent, non-food items’ prices have gone up by 6.1 percent, and paid services’ prices have increased by 4.9 percent since early 2016.

Kazakhstan’s inflation rate over the 12 months ended August 2016 amounted to 17.6 percent.
In August 2016, the inflation rate hit 0.2 percent.

Follow the author on Twitter: @E_Kosolapova