Kazakhstan Consumer Price Inflation Eases In May

By @ibtimes on

RTTNews - Consumer prices in Kazakhstan rose 8.4% year-on-year in May, slower than an 8.8% rise in April, the country's statistical office said Monday. Economists expected prices to rise 8.5%.

On an annual basis, food prices rose 7.8%, while prices of non-food products increased 7%. Price of paid services was up 10.9%.

Month-on-month, consumer prices increased 0.7% in May, easing from a 0.8% rise in the preceding month.

During the January-May period, consumer prices were up 8.7% compared to the same period in the previous year.

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