Inflation Kazakhstan 2016
Average inflation: 14.5%
Current Inflation
Inflation is very high at 14.5%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 17.4%. The lowest inflation was in December at 8.3%.
- Highest month
- July: 17.4%
- Lowest month
- December: 8.3%
- Difference
- 9.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.7% higher than the 5-year average of 7.8%.
- 5-year average
- 7.8%
- 10-year average
- 9.1%
- All-time high (2008)
- 17.3%
- All-time low (2012)
- 5.2%
Trend
Inflation shows an upward trend. Compared to 2015, inflation has risen by +7.8 percentage point.
- Change vs. previous year
- +7.8 percentage points
- Largest monthly swing
- August: +13.4 percentage points
ECB Target
Inflation is 12.5% 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 €100 this year will cost approximately €114.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 14.3% | +6.8 |
| February | 15.1% | +8.9 |
| March | 15.6% | +10.4 |
| April | 16.2% | +11.5 |
| May | 16.4% | +12.0 |
| June | 17.0% | +13.0 |
| July | 17.4% | +13.4 |
| August | 17.3% | +13.4 |
| September | 16.4% | +12.0 |
| October | 11.3% | +1.9 |
| November | 8.6% | -4.1 |
| December | 8.3% | -5.2 |
| Average | 14.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.