Kazakhstan Industry August 2022

Kazakhstan

Kazakhstan: Industrial output rebounds in August

September 15, 2022

Industrial output increased 1.4% year on year in August (July: -2.4% yoy). August's turnaround largely reflected an improvement in manufacturing production and a smaller decline in mining and quarrying output.

Meanwhile, annual average growth of industrial production was steady coming in at July's 3.7% in August.

FocusEconomics panelists project industrial production to grow 3.2% in 2022, which is down 0.6 percentage points from last month’s forecast. In 2023, they see it expanding 4.1%.


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