Tridge summary
Kazakhstan's consumer price index rose to 1.1% in February 2024, up from 0.8% in January, according to the Bureau of National Statistics. The increase was driven by a 1.7% rise in prices for paid services, a 0.8% increase in food products, and a 0.7% increase in non-food products. Notably, prices for bread, flour, and pasta increased, while buckwheat, sunflower oil, and granulated sugar prices decreased. Year-on-year inflation for February 2024 stood at 9.3%, with significant price drops compared to February 2023 for buckwheat (24.3%), sunflower oil (21.2%), and granulated sugar (14.8%).
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to official data from the Bureau of National Statistics, in February of this year the monthly consumer price index in Kazakhstan accelerated and amounted to 1.1% (versus 0.8% in January of this year). Prices for paid services increased by 1.7%, food products - by 0.8%, non-food products - by 0.7%. Among food products, price increases were noted for bread by 1.3%, flour – by 1%, pasta – by 0.8%. On the contrary, buckwheat prices fell by 2.4%, sunflower oil – by 2%, and granulated sugar – by 1.5%. ...
Source: Agrosektor
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