Inflation Kazakhstan 2017
Average inflation: 7.4%
Current Inflation
Inflation is very high at 7.4%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 7.8%. The lowest inflation was in August at 7.0%.
- Highest month
- January: 7.8%
- Lowest month
- August: 7.0%
- Difference
- 0.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.9% lower than the 5-year average of 8.3%.
- 5-year average
- 8.3%
- 10-year average
- 8.7%
- All-time high (2008)
- 17.3%
- All-time low (2012)
- 5.2%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (-7.1 percentage point).
- Change vs. previous year
- -7.1 percentage points
- Largest monthly swing
- August: -10.3 percentage points
ECB Target
Inflation is 5.4% 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 €107.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 7.8% | -6.5 |
| February | 7.7% | -7.4 |
| March | 7.7% | -7.9 |
| April | 7.5% | -8.7 |
| May | 7.5% | -8.9 |
| June | 7.5% | -9.5 |
| July | 7.1% | -10.3 |
| August | 7.0% | -10.3 |
| September | 7.1% | -9.3 |
| October | 7.8% | -3.5 |
| November | 7.4% | -1.2 |
| December | 7.2% | -1.1 |
| Average | 7.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.