Capital plans to implement price caps: proposed maximum prices for eggs and sunflower oil at 469 tenge per dozen and 647 tenge per liter respectively.
In the city of Nur-Sultan, plans are being hatched to impose maximum retail prices for chicken eggs and sunflower oil. The draft decree from the capital's official, unveiled on the "Open NAPs" site, lays out these restrictions [Source: Open NAPs].
As per the document, the set prices are 469 tenge for a dozen Grade I chicken eggs and 647 tenge for a liter of sunflower oil. These prices will be in action for a span of 90 days following the decree's enforcement, which won't happen before a 10-day wait following its initial publication [Source: Open NAPs].
The public is invited to voice their opinions on this project until April 6 [Source: Open NAPs]. Interestingly, the akimat of Almaty previously floated a similar price control proposal, suggesting a maximum price of 487 tenge for a dozen Grade I chicken eggs for a month [Source: article not specified].
Looking beyond Nur-Sultan, it's worth noting that inflation has been on the rise nationwide. In April 2025, inflation stood at a staggering 10.7% year-on-year, with paid services, non-food products, and food products seeing significant price hikes [Sources: 1, 2, 4]. Cities like Almaty and Shymkent have experienced above-average monthly inflation rates, reaching 1.5% [Source: 2]. Whether or not Almaty is also considering similar price controls remains to be seen, as more localized economic policy reports would be required for such information [Source: personal analysis].
For deeper insights, you might want to delve into the thoughts of Kazakhstan's Senator Dyesembinov on the egg price surge, the Head of Kazakhstan's Poultry Union on the costs behind the price increase, and the potential price-fixing allegations affecting producers and suppliers of oil, sugar, and eggs in Kazakhstan [Source: article not specified]. Additionally, there's ongoing discussion in the Kostanay region about setting maximum prices for potatoes and vegetable oil [Source: article not specified].
The price controls in Nur-Sultan have sparked debate in the finance industry, with businesses closely monitoring the situation to assess potential impacts on their operations. The rising inflation nationwide, particularly in cities like Almaty and Shymkent, has fueled speculation about whether other cities might follow Nur-Sultan's lead in imposing price controls.