Kazakhstan seen a 12% rise in subsistence minimum
In January 2020, the average subsistence minimum per capita in Kazakhstan has reached 30 thousand tenge, a year-on-year increase of 11.6%. Last year, it was 26.9 thousand tenge, Strategy2050.kz reports with reference to Finprom.kz.
This January has observed a 5.6% increase in prices for goods and services when comparing to the same month of last year. Prices for food products increased by 9.2%, these for non-food products - by 5.2%, for paid services - by 1.4%.
Mangystau region has the largest sustainable minimum: 35.4 thousand tenge - 18% more than the national average. The region is followed by cities of Nur-Sultan (33.5 thousand tenge) and Almaty (33.1 thousand tenge), where the sustainable minimum exceeds the national average by 11.6% and 10.4%, respectively.
The top five regions with the highest sustainable minimum also include Almaty and Turkestan regions with 30.7 thousand and 30.3 thousand tenge, respectively.
Meanwhile, the lowest sustainable minimum is found in Western Kazakhstan (26.9 thousand tenge) and Aktobe (27.2 thousand tenge) regions.
Of note is that in Kazakhstan the sustainable minimum is related to such social benefits as the basic pension payment, state disability social benefit, in case of loss of the bread-winner, and the allowance for caring for children with disabilities.
January has seen the increase in the share of meat and fish products in the total sustainable minimum from 20.5% in 2019 to 21.1% in 2020. The share of bread and cereals has risen to 8% of the sustainable minimum.
At the same time, the share of dairy, oil and fat products and eggs has fallen from 16.5% to 15.9%, and that of fruits and vegetables - to 8.2%. The share of sugar, tea and spices has decreased from 2.2% to 1.8%.
The share of non-food goods and services, according to the law, is 45%.
