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Inflation in Kazakhstan hits 8.5% in 2016

Kazakhstan Materials 5 January 2017 10:28 (UTC +04:00)
Inflation rate in Kazakhstan hit 8.5 percent in Jan.- Dec. 2016
Inflation in Kazakhstan hits 8.5% in 2016

Baku, Azerbaijan, Jan. 5
By Elena Kosolapova – Trend:

Inflation rate in Kazakhstan hit 8.5 percent in Jan.- Dec. 2016, Statistics Committee of the Ministry of National Economy of Kazakhstan reported.

Food prices have increased by 9.7 percent, non-food items’ prices have gone up by 9.5 percent, and paid services’ prices have increased by 6.1 percent since early 2016.

In Dec. 2016, the inflation rate was 0.9 percent. Food prices have increased by 1.7 percent, non-food items’ prices have gone up by 0.8 percent, and paid services’ prices have increased by 0.2 percent in Dec. 2016 compared to Nov. 2016.

Follow the author on Twitter: @E_Kosolapova

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