The National Bank of Kazakhstan published data on inflation trends in the regions of Kazakhstan.

In May 2023, the country’s annual inflation slowed down and made 15.9% (16.8% in April). In terms of regions, annual inflation slowed down in 19 regions, while in 1 region (Akmola region) it did not change, remaining at the previous level of 17.6%.

The highest values of annual inflation were recorded in Akmola, Mangystau and North Kazakhstan regions.

Growth pace of food products in May slowed down to 16.5% YoY (17.9% in April). The highest increase in prices for goods in this group was observed in the Mangystau region (20.7%), while the lowest was in Almaty city (14.3%).

Growth rate of prices for non-food products decelerated to 17.2% YoY (18.2% in April). The maximum value was recorded in Astana city (23.6%), while the minimum was in Almaty region (14.1%).

Prices for paid services in May slowed down to 13.5% YoY (13.7% in April). At the same time, prices rose significantly higher than the national level in Akmola region (at 18.1 %) and significantly lower in Astana city (10.2%).

In May 2023, growth of monthly inflation in the country amounted to 0.6%, which is higher than the historical average (0.5 in May 2017-2021).

For more details please visit: nationalbank.kz/en/news/inflyacionnye-tendencii-v-regionah

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