Kazakhstan: Industrial output growth speeds up in May
Industrial output increased 3.6% in year-on-year terms in May, which was above April’s 3.0% increase. Looking at the details of the release, manufacturing output slowed in May, while mining and quarrying output rebounded.
Meanwhile, the trend improved slightly, with the annual average variation of industrial production coming in at minus 2.2% in May, up from April’s minus 2.5% reading.