Kazakhstan construction prices rise faster than inflation over the year

Construction prices in Kazakhstan rose faster than inflation over the past year. According to the Bureau of National Statistics, the construction price index stood at 110.1% in October 2026 compared with October 2025, while annual inflation slowed to 9.2% in October, as reported by Kursiv. Construction prices rose 0.2% in the month and 10% since the start of the year.

Most of the increase came from work and related costs rather than materials. Construction and installation work rose 10.5% over the year, while other works and costs rose 15.9%. Construction materials rose 3.7%, and machinery and equipment fell 1%. Cement was the fastest-rising main material, up 14% over the year.

Regional differences were notable. Pavlodar region recorded the fastest annual growth at 13.2%, followed by Shymkent at 11.2%, Astana at 10.9% and North Kazakhstan region at 10.5%. Ulytau region was the only one where construction became cheaper in October, down 0.7%.