There is mixed news from Kazakhstan’s economy as consumers contend with a continued leap in prices for basic goods, while the national currency has returned to a stability of old, albeit with some help.
News agency Kazakh-Zerno reported earlier this month on some Economy Ministry comparisons of prices between March 2015 and the month before.
Sugar went up by 41 percent, butter by 24 percent, coffee and tea by 23 percent, seafood by 21 percent and bread by 20 percent. Meat has remained fairly stable, rising by a modest 4 percent.
In January, the government decided to stop subsidizing the production of bread as budget-cutting measure. Officials said that would save the treasury around 7-8 billion tenge ($21 million) annually.
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