FX.co ★ Kazakhstan Inflation Holds at 11.8% in July

In July 2025, Kazakhstan's annual inflation rate remained unchanged at 11.8%, maintaining the peak level last observed in September 2023. The inflationary trend intensified for food products, with the rate increasing to 11.2% from 10.6%, and marginally for non-food products, climbing to 9.5% from 9.4%. Conversely, the price growth for paid services decelerated, dropping to 14.9% from 16.1%. On a month-to-month basis, consumer prices recorded a 0.7% rise, which marks the slowest growth since July 2024, down from a 0.8% increase in the previous month, June.