Kazakhstan International Energy, Electrical equipment and Machine building Exhibition

Exhibition postponed to 2025

Astana, Kazakhstan

Kazakhstan International Energy, Electrical equipment and Machine building Exhibition

Exhibition postponed to 2025

Astana, Kazakhstan

Prices of Kazakhstan oil and gas producers increased significantly in 2017

On average, producer prices increased by 17.6% in 2017, the press service of the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reports.

Prices in 2017 for natural gas increased significantly by 51.7% and for oil 31.6%. Since the beginning of last year, fuel oil has risen in price by 38.8%, propane and butane liquefied by 18.8%, metal ore by 15.8%, diesel fuel by 14.8%, coal by 10.3%, gasoline by 9.4%, the press service of the committee reported.

The Ministry of National Economy of Kazakhstan noted an increase in prices for zinc by 23.7%, copper by 19.7%, aluminum by 12.7%, ferroalloys by 9.8%, lead by 9.5%, ferrous metals by 2%.

Kazakhstan’s producers also increased the cost of dairy products by 9.2%, cattle meat by 6.6%, tea by 5.4%, rice by 3.7%, bread by 2.2%, fish by 2.1%, macaroni products by 1.4%. A decrease in prices for products was noted for cereals by 28.5%, sugar by 24.3%, rye flour by 8.3%, wheat by 3%, poultry by 6.9%, vegetable oil by 6.7% and margarine by 5.7%.

In the mining industry, overall prices rose by 27.2%, and in processing by 8.3%. Industrial products went up by 18.8%, industrial services by 6.9%.

Earlier it was reported that food prices in December 2017 compared to December 2016 increased by 6.5%, for non-food products by 8.9%, paid services by 5.9%.

Source