Inflation in Kazakhstan made 1.7% in January, 2011


Inflation in Kazakhstan made 1.7% in January, 2011Prices in some segments of the economy changed in January, 2011, the Kazakh Statistics Agency reported.

The inflation rate was up to 1.7% in January, 2011. Prices in agriculture and industry increased by 4.8%, wholesale trade – by 1.1%, construction – by 0.3%”.

Postal and courier services tariffs for legal bodies reduced by 1.3%, freight tariffs increased by 13.5%, the Agency reported.

* * *

Industrial output increased in January, 2011 – Statistics Agency


The industrial output increased by 5.8% in January, 2011, the Kazakh Statistics Agency reported.

“Production of crude oil, natural gas, coal, lignite and metal ores increased in January 2011 compared to January 2010. Production of foods, drinks, construction materials, clothes, chemical, metallurgical products and engineering was increased as well”, the Agency informed.

Production growth is registered in 14 regions of the country. North Kazakhstan and Kyzylorda regions showed reduction in production.

* * *

Per capita nominal income in Dec 2010 rose by 14.2% – Statistics Agency


The per capita nominal income of the population in December 2010 made KZT 44, 370 having increased by 14.2% compared to the same period in 2009, Kazakhstan’s Statistics Agency reports.

Real cash income rose by 6%. In Mangystau, Atyrau regions and Astana city this indicator hit the average republican level 2.2-2.1 times.

South Kazakhstan, North Kazakhstan and Zhambyl regions are the low-income regions of the country. Here the average income of the population made 51.1% and 80.2% of the republican level. Alongside, West Kazakhstan and Mangystau regions demonstrated the highest paces of real cash income growth.

* * *

Kazakhstan GDP rises 7.0 pct in 2010 – stats agency

Feb 14. Reuters. ALMATY

* GDP growth picks up after slowdown during crisis
* Central Asia’s largest economy worth $147 bln in 2010 (Adds nominal GDP value, 2011 forecast)

Kazakhstan’s gross domestic product (GDP) grew by 7.0 percent in 2010 versus 1.2 percent in 2009, the state statistics agency said on Monday, quoting early data.

In nominal terms, Kazakhstan’s economy – Central Asia’s largest – was worth 21.514 trillion tenge ($147 billion) last year, the agency said.

Kazakhstan, with a population of 16.4 million, is the world’s largest uranium producer and a major oil exporter. It raised its 2011 economic growth forecast to between 4 percent and 5 percent last month. The previous official forecast was 3.1 percent.

* * *

Kazakhstan 2010 trade surplus doubles to $29.5 bln

Feb 14. Reuters. ALMATY

Kazakhstan’s trade surplus almost doubled to $29.5 billion in 2010 from $14.8 billion in the preceding year, while China became the country’s main export market, the State Statistics Agency said on Monday. Exports, predominantly oil and metals, increased by 37.1 percent year-on-year to $59.2 billion. Imports rose by 4.8 percent to $29.8 billion. 

China was Kazakhstan’s biggest export market in 2010, taking a 17.1 percent share of all exports. Italy had a 16.2 percent share of total exports and Russia, the third-biggest market, 8.1 percent. 

Russia retained the leading place among Kazakhstan’s importers, accounting for 37.0 percent of all imports in 2010.

China was second, with 13.3 percent, and Germany third, with a 6.1 percent share. 

Following are data supplied by the State Statistics Agency: 


  2010 2009
Exports 59.217 43.196
Imports 29.760 28.409
Balance +29.457 +14.787