Inflation Kazakhstan 2019
Average inflation: 5.3%
Current Inflation
Inflation is very high at 5.3%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 5.6%. The lowest inflation was in February at 4.9%.
- Highest month
- October: 5.6%
- Lowest month
- February: 4.9%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.7% lower than the 5-year average of 8.0%. This approaches the lowest level since records began (5.2% in 2012).
- 5-year average
- 8%
- 10-year average
- 7.4%
- All-time high (2008)
- 17.3%
- All-time low (2012)
- 5.2%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +0.9 percentage point.
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- February: -1.8 percentage points
ECB Target
Inflation is 3.3% 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 €105.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 5.3% | -1.7 |
| February | 4.9% | -1.8 |
| March | 4.9% | -1.8 |
| April | 5.0% | -1.6 |
| May | 5.4% | -0.9 |
| June | 5.4% | -0.7 |
| July | 5.5% | -0.6 |
| August | 5.5% | -0.7 |
| September | 5.4% | -0.9 |
| October | 5.6% | +0.2 |
| November | 5.4% | 0.0 |
| December | 5.4% | 0.0 |
| Average | 5.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.