The National Bank of Kazakhstan responds to the fine on its deputy chair for non-compliance with a Higher Audit Chamber order to recover bonuses. It says it is taking necessary measures but cites confidentiality.
The National Bank does not expect sharp tenge fluctuations due to CPC oil export halt but is ready to act. CPC handles 80% of Kazakhstan's oil.
Kazakhstan central bank cuts base rate by 0.25 points after heated debate. Governor Suleimenov cites inflation drop from 30% to 10% but warns of external risks.
Chocolate prices in Kazakhstan surged 30.3% YoY due to rising production costs, low factory use (52.2%), and expensive imports. Read more at infohub.kz.
Imports accounted for 60% of Kazakhstan's chocolate market in Jan-May 2026, with price hikes on foreign goods driving cost increases. Russia supplied 73.6%.
Almaty accounts for 42.3% of Kazakhstan's motor vehicle output in H1 2026. With Kostanay Region, they make over 80%. New plants and investments fuel growth.
In the first half of 2026, chocolate prices in Kazakhstan rose by nearly a third, with CPI hitting 130.3%. Detailed analysis of price trends from infohub.kz.
Kazakhstan's socially significant food prices fell 0.1% in late July, the first drop this year. Annual inflation slowed to 10.3% in June. Government rolls out subsidy and rail discount measures.
Global oil prices rally as Kazakhstan cuts output after drone attacks and Houthi strikes in Red Sea threaten shipping. Brent crude nears $100 per barrel, weekly gain over 13%.
Gold prices dropped 2.1% to $4,043.14 on Thursday from a two-week high as oil surged near $100 and Fed rate hike bets rose. Focus on next week's Fed meeting.
Real wages in Kazakhstan fell 2.3% in Q1 2026 due to inflation, with IT, education, and hospitality hit hardest. Agriculture and finance saw growth, per BCC Invest.
In 2025, Kazakhstan exported $16.9 billion in critical raw materials, with China as top buyer. Deep processing is key to higher revenue, analysts say.
Butadiene, part of Samruk-Kazyna, plans to raise 543.5M yuan ($80M) via one-year bonds on AIX for a butadiene plant after Tatneft's exit from the project.
Turkey's central bank held rate at 37% for fourth consecutive meeting as inflation slowed to 32.11%. Regulator maintains tight policy until 5% target.
According to the May 2026 Safest Countries for Investors ranking, Kazakhstan moved from 70th to 53rd place among 150 countries, improving by 17 spots in six months.
Less than half of working Kazakhs regularly contribute to pensions, AFK analysis shows. UAPF savings reached 27.7 trillion tenge. Expanding coverage and trust are critical.
Kazakhstan sent 97.8 billion tenge to Russia in Jan-May 2026, up 15.8% year-on-year, as Russia's share of outbound transfers rose to 41.1%. Transfers to Uzbekistan and Turkey fell.
The Russian ruble weakened 8.4% against the Kazakh tenge in July, falling to 5.99 tenge, amid reduced forex sales by the central bank and fuel market tensions.
Kazakhstanis sent 238 billion tenge abroad in January-May 2026, down 7.2% year-on-year, while inbound transfers fell 9.9% to 78.1 billion tenge, according to ranking.kz.
Kazakhstan's postal operator Kazpost doubled losses to 1.1 billion tenge in H1 2026. Revenue and expenses fell, but interest income kept the company profitable.
The dollar's share in global trade fell to 58% as central banks diversify reserves. In Kazakhstan, demand for cash dollars hit a year low, though dollar deposits rose.
Wildberries begins payouts to sellers after warehouse attacks. Over 88,000 sellers receive first payments on July 22, Tatiana Kim said. Details on infohub.kz.
Farmers in Kostanay region question new livestock loans over unrealistic timelines, insufficient amounts, and strict requirements, calling for a roadmap and advisory commission.
Kazakhstan housing market analysis for H2 2026: experts see no price drop, mortgages remain expensive, subsidies support demand. Forecasts and advice.