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Producer prices in Kazakhstan rose by 9.1% year-on-year in July 2026, easing sharply from a 17.2% jump in the previous month. This marked the lowest growth in four months, as inflation slowed in manufacturing (7.8% vs 11.8% in June), weighed down by slower price growth in food production (5.7% vs 6.6%), beverages (6.4% vs 6.9%), paper and paper products (2.2% vs 3.0%), and chemical and chemical products (9.0% vs 11.9%). At the same time, costs rose at a softer pace in mining and quarrying (10.9% vs 25.9%) and electricity, gas, steam, hot water, and air-conditioning (11.8% vs 12.0%). In contrast, prices increased faster in water supply, sewerage, waste collection, treatment, disposal, and remediation activities (7.9% vs 7.5%). On a monthly basis, producer prices fell by 4.9% in July, reversing a 0.5% gain in the preceding period.

Kazakhstan Producer Inflation Slows to 4-Month Low

Albania’s annual inflation rate accelerated to 3.4% in July 2026 from 3.2% in June, remaining at its highest level since January 2024. The increase was mainly driven by a sharp acceleration in transport inflation (8% vs 3.2%), alongside higher inflation for food (3.5% vs 3%), furnishings (3.3% vs 2.7%) and health (1.9% vs 1.7%). Inflation for education services stood at 2.3%. Meanwhile, inflation eased for housing and utilities (4.1% vs 4.7%), recreation and culture (6% vs 6.1%), restaurants and hotels (2.7% vs 3.3%) and insurance and financial services (4.5% vs 5.1%). Deflation deepened for clothing and footwear (-1.8% vs -0.9%), while prices for information and communication fell 0.9%, reversing a 0.6% increase. On a monthly basis, consumer prices rose 0.2%, rebounding from a 0.1% decline in June.

Albania Inflation Accelerates Further in July

Rwanda’s annual inflation rate rose to 13.8% in July 2026 from 12.7% in June, marking the highest level since September 2023 and the fourth consecutive monthly increase. The acceleration was mainly driven by higher inflation for food (12.6% vs 8%), particularly vegetables (17.3% vs 11.8%), as well as furnishings (10.4% vs 10.2%) and education (11.8% vs 11.3%). Meanwhile, inflation eased for housing and utilities (20.5% vs 23.3%), transport (27.5% vs 29.1%), alcoholic beverages and tobacco (11% vs 13.5%), restaurants and hotels (12.8% vs 13.4%), health (2.5% vs 6.5%) and clothing and footwear (2.8% vs 4.7%). On a monthly basis, consumer prices rose 0.3%, slowing from 0.4% in June.

Rwanda Annual Inflation Accelerates Further

The annual inflation rate in Mongolia rose to 13.0% year-on-year in July 2026 from 12.0% in the previous month, reaching its highest level since December 2022. Prices accelerated for food and non-alcoholic beverages (25.5% vs 24.8% in June), alcoholic beverages and tobacco (12.6% vs 12.0%), transport (10.0% vs 5.7%), clothing and footwear (7.2% vs 7.0%), furnishings, household equipment and tools (8.7% vs 8.0%), health (7.5% vs 7.2%), recreation and culture (6.6% vs 5.5%), restaurants and hotels (16.2% vs 15.2%), and miscellaneous goods and services (9.8% vs 9.1%). Meanwhile, inflation eased slightly for housing and utilities (5.1% vs 5.3%) while remaining unchanged for communication (1.6%), education (12.8%), and insurance and financial services (17.0%). On a monthly basis, consumer prices rose 0.9% in July, edging down from 1.0% in the previous month.

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