Kazakhstan increases export prices

Baku, Azerbaijan, Dec. 14

By Rashid Shirinov – Trend:

Prices for Kazakh goods exported abroad in October 2018 increased by 1.8 percent compared to September and by 19.2 percent year-on-year, Trend reports citing Kazakh media.

At the same time, the prices of imported goods increased by 1.2 percent and 7 percent, respectively, according to the Statistics Committee of Kazakh National Economy Ministry.

The increase in export prices was recorded for oil (by 30.3 percent year-on-year), natural gas (23.4 percent), manganese ore (21.8 percent) and iron ore (16.8 percent).

Also, export prices went up for ferroalloys (12.8 percent), copper (12.5 percent), coal (7.9 percent) and aluminum (6.7 percent). Prices fell for zinc (15.3 percent) and lead (11.7 percent).

Wheat (15.5 percent), barley (14.9 percent) and cotton (9.2 percent) export prices also increased, but decreased for wool (5 percent).

As for the imported products, their prices went up for fruits and nuts (58.9 percent year-on-year), poultry (27.3 percent), fish (14.2 percent), tea (11.8 percent), margarine (8.2 percent), vegetable oil (3.7 percent), sugar (3 percent) and pharmaceuticals (2.7 percent).

Shoes (28.3 percent), textiles (14.2 percent), paper (13.9 percent) and plastic (12.9 percent) also increased in their import prices.

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