Price on oil, some petroleum products drop in Kazakhstan

Finance Materials 3 December 2019 18:23 (UTC +04:00)
Price on oil, some petroleum products drop in Kazakhstan

BAKU, Azerbaijan, Dec.3

By Nargiz Sadikhova - Trend:

Prices of Kazakhstan’s industrial manufacturers increased by 0.9 percent compared to the beginning of the year and decreased by 5.3 percent compared to November 2018, Trend reports with reference to the data of Kazakhstan’s Statistics Committee.

Thus, prices in processing industry decreased by 4.9 percent since the beginning of the year. Prices in mining industry decreased by 1.4 percent. Industrial goods grew in price by 0.9 percent, services of industrial nature increased in price by 0.7 percent.

During the reporting period, prices for fuel oil increased by 21.3 percent, coal by 10.3 percent, metal ores by 4.1 percent, natural gas by one percent, diesel fuel by 0.9 percent.

In turn, prices on petrol decreased by 8.1 percent, liquefied propane and butane by 4.2 percent by 4.2 percent, oil by 2.3 percent.

Furthermore, increase of prices is observed on precious metals by 28.6 percent, on lead by 17.8 percent, on ferrous metals rolling by 6.4 percent. Decrease of prices is observed on aluminum by 6.8 percent, ferroalloys by 4.8 percent, zinc by 4.6 percent, copper by 2.7 percent.

Increase of prices during the reporting month is also observed on rye flour by 48.5 percent, on wheat flour by 28.1 percent, cereal by 39 percent, rice by 19.6 percent, noodles by 17.4 percent, bread by 10.9 percent, milk products by 6.7 percent, vegetable oil by 3.4 percent, tea by 3.1 percent. Decrease of prices by 0.8 percent is observed on granulated sugar.


Follow the author on twitter: @nargiz_sadikh