Kazakhstan: Industrial output accelerates in December
Industrial output grew 8.9% compared to the same month a year earlier in December, coming above November’s 6.8% increase. The uptick was largely driven by an improvement in manufacturing output. However, electricity production collapsed.
Meanwhile, the trend improved considerably, with the annual average growth of industrial production coming in at an over one-year high of plus 3.6% in December, up from November’s 2.9% reading.