Backstreet Boys' Almaty Performance Amplifies Their Success
In Kazakhstan, the annual inflation rate saw a slight increase in August, climbing from 11.8% in July to 12.2%. This rise was accompanied by a more significant acceleration in the growth of paid services, which increased to 15.3% year-on-year, compared to the growth rate of non-food prices, which stood at 9.7%.
The growth of non-food prices varied across different regions, with the Abai region recording the highest increase at 12.6%, while Almaty saw the lowest at 7.5%. Conversely, food prices increased by 11.7% year-on-year, with Ulytau region experiencing the highest increase at 14.8%, and Almaty once again registering the lowest at 8.7%.
Inflation rates showed a mixed picture across the country, with acceleration recorded in 17 regions and deceleration in three. Notably, the growth rate of paid services was significantly below the republican average in Mangystau region.
President Kassym-Jomart Tokayev addressed the concerning situation on the meat market in Kazakhstan in his annual Address to the People, calling it 'shameful'. He outlined a series of measures that need to be taken to address this issue.
It's important to note that the identity of the expert who calculated inflation rates in Kazakhstan remains unspecified in the provided search results.
Despite these challenges, Kazakhstan continues to navigate its economic landscape, striving for stability and growth in the face of fluctuating prices and market conditions.
