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This year’s record high harvest guarantees 23% hike of agro food production in Kazakhstan

November 15, 2011, 20:17 UTC+3
At the same time, the minister pointed to the keeping trend of the outrunning growth of food prices in the republic
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ASTANA, November 15 (Itar-Tass) —— Kazakhstan’s net agricultural production grew by 22.8 percent in the first ten months of the year, as compared to the same period of 2010, Kazakhstani Minister of Economic Development and Trade Kairat Kelimbetov told the government’s meeting on Tuesday.

Besides, the republican plant farming production skyrocketed by 46 percent in January-October 2011, he said, adding, “As you know, this is a result of the current year’s record high harvest.”

At the same time, the minister pointed to the keeping trend of the outrunning growth of food prices in the republic. The growth of food prices exceeds the increase of prices for other goods, which are taking into account in the calculation of the inflation rates.

“Among such items of the inflation, the biggest growth of prices was registered for food – eight percent, which is 0.6 percent more than in the same period of 2010 [7.4 percent],” Kelimbetov said.

In all, prices of consumer goods and services went up by 6.5 percent in January-October 2011, he said. “The hike of prices on the domestic market may be explained by the total growth of prices for food and energy resources in the world,” the minister of economic development and trade said.

 

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