Inflation Kazakhstan 2011
Average inflation: 8.5%
Inflation in 2011
Inflation is very high at 8.5%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 9.2%. The lowest inflation was in December at 7.4%.
- Highest month
- August: 9.2%
- Lowest month
- December: 7.4%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.8 percentage points lower than the 5-year average of 10.3%.
- 5-year average
- 10.3%
- 10-year average
- 10%
- All-time high (2008)
- 17.3%
- All-time low (2009)
- 7.3%
Trend
Over the period 2009-2011, inflation shows an upward trend. Compared to 2010, inflation has risen by 1.1 percentage points.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- August: +2.4 percentage points
ECB Target
Inflation is 6.5 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for KZT 100 this year will cost approximately KZT 108.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 8.3% | +0.8 |
| February | 8.9% | +1.3 |
| March | 8.7% | +1.2 |
| April | 8.5% | +1.1 |
| May | 8.4% | +1.1 |
| June | 8.5% | +1.4 |
| July | 8.8% | +1.8 |
| August | 9.2% | +2.4 |
| September | 8.8% | +1.8 |
| October | 8.1% | +0.6 |
| November | 7.9% | 0.0 |
| December | 7.4% | -0.6 |
| Average | 8.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.