Inflation Kazakhstan 2018
Average inflation: 6.2%
Current Inflation
Inflation is very high at 6.2%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 7.0%. The lowest inflation was in October at 5.4%.
- Highest month
- January: 7.0%
- Lowest month
- October: 5.4%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.1% lower than the 5-year average of 8.3%.
- 5-year average
- 8.3%
- 10-year average
- 7.6%
- All-time high (2008)
- 17.3%
- All-time low (2012)
- 5.2%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +1.2 percentage point.
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- October: -2.4 percentage points
ECB Target
Inflation is 4.2% 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 €106.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 7.0% | -0.8 |
| February | 6.7% | -1.0 |
| March | 6.7% | -1.0 |
| April | 6.6% | -0.9 |
| May | 6.3% | -1.2 |
| June | 6.1% | -1.4 |
| July | 6.1% | -1.0 |
| August | 6.2% | -0.8 |
| September | 6.3% | -0.8 |
| October | 5.4% | -2.4 |
| November | 5.4% | -2.0 |
| December | 5.4% | -1.8 |
| Average | 6.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.