Annual inflation in Kazakhstan in Feb 2022 made 8.7%

AKIPRESS.COM – Annual inflation in Kazakhstan in Feb 2022 rose to eight.7% (8.5% in Jan 2022) amid rising costs for all parts of inflation, stated the Nationwide Financial institution of Kazakhstan.

Meals costs rose 10% (from 9.9% in January) because of greater costs for baked items and cereals and greens.

Non-food costs elevated to eight.6% (8.5% in January). 

“Underneath the circumstances of momentary regulation of costs for gasoline and diesel gas, there was a disinflation out there of fuels and lubricants. Nonetheless, the expansion of costs for fuels and lubricants in annual phrases nonetheless stays at excessive ranges (22.1%),” the regulator stated.

Paid providers rose by 7.1 p.c (6.8 p.c) in February 2022 in comparison with February 2021 because of greater costs for sure market providers. The annual enhance in the price of rental housing was 20.7 p.c.

On the identical time, there’s a slowdown in fuel costs to five.4% (December 2021 – 12.9%) in opposition to the backdrop of the moratorium on value will increase, stated the Nationwide Financial institution.