FX.co ★ Kazakhstan Producer Inflation Hits 13-Month Low

In December 2025, Kazakhstan experienced a decrease in its annual producer inflation rate, which softened to 3.9%, down from 7.1% in the previous month. This marked the lowest rate of producer inflation since November 2024. Contributing to this easing were slower price increases in the manufacturing sector, which recorded a 13.5% rise compared to 14% in November, and the electricity, gas, steam, hot water, and air conditioning sector, which posted a 19.2% increase against the prior 19.3%. Furthermore, there was a more pronounced reduction in the costs associated with mining and quarrying, which declined by 7.4% following a 1.7% decrease in November. Conversely, inflation saw a slight uptick in sectors such as water supply, sanitation, waste collection, treatment and disposal, and pollution control activities, where inflation rose to 10.3% from 10.2%. On a month-to-month comparison, producer prices fell by 1.1% in December, after a 0.3% decrease in November.