QazTrade’s Activities in Monitoring Prices of Socially Significant Food Products

JSC “Trade Policy Development Center “QazTrade” provides expert and analytical support for government policy aimed at stabilizing prices of socially significant food products (SSFP) in the Republic of Kazakhstan.

On an ongoing basis, weekly monitoring of prices for socially significant food products is conducted across all regions of the Republic of Kazakhstan. The monitoring uses official statistical data, as well as information from government bodies, local executive authorities, and open sources.

As part of the monitoring, a comprehensive analysis of the price situation is carried out, including:

• assessment of price dynamics by region and individual product categories;

• identification of factors affecting price increases or decreases;

• analysis of domestic and international market conditions, including production, imports, exports, seasonality, logistics, and other factors;

• assessment of potential risks to price stability and food security.

Based on the results of the analysis, QazTrade prepares expert and analytical materials and proposals for the Ministry of Trade and Integration of the Republic of Kazakhstan aimed at preventing unjustified price increases and mitigating the impact of negative factors on the domestic market.

Particular attention is paid to the early identification of price risks, forecasting potential changes in market conditions, and developing measures to mitigate the adverse effects of external and domestic factors on the prices of socially significant food products.

This analytical work contributes to improving the effectiveness of government measures aimed at price stabilization, enhancing transparency in pricing processes, and strengthening food security in the Republic of Kazakhstan.