Current inflation Қазақстан 0.9%
December 2024
Current Inflation
Inflation is high at 4.9%, well above the ECB target.
Historical Context
Current inflation is 5.0% lower than the 5-year average of 9.9%. This approaches the lowest level since records began (4.9% in 2024).
- 5-year average
- 9.9%
- 10-year average
- 9%
- All-time high (2008)
- 17.3%
- All-time low (2024)
- 4.9%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +10.0 percentage point.
ECB Target
Inflation is 2.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.90 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 4.9%
- Last year
- 14.9%
- 5-year average
- 4.9%
- All-time high (2008)
- 17.3%