Kazakhstan: Industrial output accelerates in November
December 13, 2021
Industrial output expanded 6.8% compared to the same month a year earlier in November, which was above October's 4.2% increase. The notable pickup was largely driven by an improvement in manufacturing output. Contrastingly, electricity production slowed down significantly.
Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at an over one-year high of plus 2.9% in November, up from October's 2.1% reading.