Prices in Kazakhstan are rising, and with them, people's standard of living is changing. Groceries, services, and everyday expenses are putting increasing pressure on wallets. Salaries can't always keep up with the price increases. Meanwhile, employers are facing high borrowing costs, declining demand, and rising costs. All of this ultimately impacts ordinary consumers. In this new episode, we explore what's happening with prices and household incomes. We discuss the impact of tax reform on entrepreneurs and consumers, and what Kazakhstanis can expect in 2027.

Podcast participants:

Aidar Uzakov – host;

Anna Kuvatova – entrepreneur, founder of Presso;

Gulchat Anarova – owner of a convenience store;

Ivan Fedyakov – analyst, founder of Infoline;

Timecodes:
00:00 – Intro
01:26 – "We haven't seen a profit in a year": What's happening with business in Kazakhstan?
6:18 – What's stifling business in Kazakhstan?
15:42 – Fragmentation and other business tricks
19:32 – Food is a luxury: how much have groceries gone up in price?
23:26 – "They're buying everything: are Kazakhstanis up to their ears in installment plans?"
30:51 – Price gouging: how much are businessmen earning?
33:28 – Prices have skyrocketed by 75%: are Kazakhstanis barely able to cope?
38:13 – Are they also reducing product quality to save money?
39:59 – "I'm quitting": when will salaries be raised?
45:42 – "They're becoming couriers": is the profession not providing enough?
48:04 – "Entrepreneurs will find themselves in a quagmire"
50:05 – "Don't interfere": how can businesses survive?

#news #kazakhstan #prices #inflation #economy #salaries #income #price increase #products #business #SME #taxes #taxreform #crisis #finance #costofliving #consumer #purchasingpower #2027 #kazakhstanis #economiccrisis #price increase #familybudget #expenses #income #standardofliving #forecasts