Kazakhstan: inflation hits 6.2% since early 2016

Inflation rate in Kazakhstan hit 6.2% in January-October, Statistics Committee of the Ministry of National Economy of Kazakhstan reported.

Food prices have increased by 5.7%, non-food items’ prices have gone up by 7.6%, and paid services’ prices have increased by 5.4% since early 2016.

Kazakhstan’s inflation rate over the 12 months ending in October amounted to 11.5%.

In October the inflation rate was 0.6%. (Trend/Business World Magazine)