Trade and Consumer Goods

03.07.2020

Products continue to rise in price in Kazakhstan

Consumer prices in Kazakhstan have accelerated growth. According to the results of June, annual inflation in the country amounted to 7%, according to the statistics committee. Food products increased by 11.1% on-year, non-food products by 5.4%, paid services by 3%.

Since the beginning of the year, consumer price growth amounted to...

Consumer prices in Kazakhstan have accelerated growth. According to the results of June, annual inflation in the country amounted to 7%, according to the statistics committee. Food products increased by 11.1% on-year, non-food products by 5.4%, paid services by 3%.

Since the beginning of the year, consumer price growth amounted to...

03.07.2020

Kazakh Mega calculates quarantine weekend losses

The general director of the Mega shopping and entertainment centre network Seitzhan Esmagambetov told what losses the company suffered during the quarantine weekend. According to Esmagambetov, the network did not charge rent during closed weekends.

“As a result, the lost profit, taking into account the discounts on fixed rates that Mega...

The general director of the Mega shopping and entertainment centre network Seitzhan Esmagambetov told what losses the company suffered during the quarantine weekend. According to Esmagambetov, the network did not charge rent during closed weekends.

“As a result, the lost profit, taking into account the discounts on fixed rates that Mega...

03.07.2020

National Bank reviews sugar market of Kazakhstan

In Kazakhstan, sugar consumption in 2019 was by 45% secured with domestic production, while the remaining part was covered by imports (Figure 1). The domestically produced sugar is mainly manufactured from raw cane sugar imported from Brazil and to a smaller extent from local sugar beet. In order to satisfy...

In Kazakhstan, sugar consumption in 2019 was by 45% secured with domestic production, while the remaining part was covered by imports (Figure 1). The domestically produced sugar is mainly manufactured from raw cane sugar imported from Brazil and to a smaller extent from local sugar beet. In order to satisfy...

02.07.2020

Imports from China to Kazakhstan fall by a third

In late January, due to the spread of the coronavirus, Khorgos suspended its activities. Over 4 months in February-May, imports from China to Kazakhstan decreased, while exports, on the contrary, increased.

In February-May 2020, Kazakhstan purchased more than $1.3 billion worth of goods from China, which is 31.9% less than in...

In late January, due to the spread of the coronavirus, Khorgos suspended its activities. Over 4 months in February-May, imports from China to Kazakhstan decreased, while exports, on the contrary, increased.

In February-May 2020, Kazakhstan purchased more than $1.3 billion worth of goods from China, which is 31.9% less than in...

02.07.2020

Magnum and Metro report losses on quarantine weekend in Kazakhstan

Two consecutive weeks on Saturday and Sunday in a number of cities in Kazakhstan, large shopping centres and chains were closed. Their representatives told how quarantine weekends influenced the activities of hypermarkets. According to Dmitry Shishkin, Magnum PR-manager, the losses of the distribution network have already reached hundreds of millions...

Two consecutive weeks on Saturday and Sunday in a number of cities in Kazakhstan, large shopping centres and chains were closed. Their representatives told how quarantine weekends influenced the activities of hypermarkets. According to Dmitry Shishkin, Magnum PR-manager, the losses of the distribution network have already reached hundreds of millions...


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