Kazakh Bank Official Admits Unawareness of Food Prices Amidst Soaring Inflation

Kazakhstan's inflation hits 10.7% in April, prompting questions about the cost of living. A recent interview with Berik Sholpankulov, vice-chairman of the National Bank of Kazakhstan, revealed a surprising lack of awareness regarding current food prices. When asked about the cost of groceries, Mr. Sholpankulov stated, "Home processes are handled by my spouse. I don't go to the shops." This statement highlights the disconnect between high-level officials and the daily struggles faced by ordinary citizens. The video also shows significant price increases for various food products, including potatoes (79%), onions (63.8%), and sunflower oil (20.8%). While Mr. Sholpankulov's response may be seen as humorous, it underscores the importance of government transparency and understanding the economic realities of the population.