Thursday16 January 2025
inbusinesskz.com

How prices for goods and services increased in 2024.

In 2024, inflation in the country has slowed down, yet prices for essential goods and services continue to rise, reports Kazpravda.kz, citing the National Statistics Bureau.
Как изменились цены на товары и услуги в 2024 году?

Utility rates, equipment prices, and food costs have risen significantly, with increasing disparities between regions becoming more apparent.

Despite the rapid price growth in 2023 (9.8%), inflation has slightly slowed to 8.6% in 2024, offering some hope for stabilization of the economic situation.

Substantial increases in rates are observed in several sectors. For instance, the cost of cold water has surged by 43.1%, while consumers are now paying 27% more for mobile services. This could have a considerable impact on the everyday expenses of the population.

Prices for electronic devices, such as laptops and tablets, have skyrocketed by 67.3% and 45.7% respectively. This is likely linked to global supply chain issues and shifts in demand.

Among food products, the highest price increases are seen in potatoes (+37.7%), sweet peppers (+25.5%), and tomatoes (+20.3%), while prices for items like buckwheat (-21.4%) and sugar (-3.2%) have decreased.

Inflation in Astana is significantly higher than in other regions of the country, reaching 10.7% — 2.1 percentage points above the national average. In contrast, the Almaty region has reported one of the lowest inflation rates at 6.6%.

This data highlights the need for a careful approach to budget planning, especially in the context of sharp fluctuations in prices and rates for essential services and goods.