Kazakhstan Industry April 2022

Kazakhstan

Kazakhstan: Industrial output records lowest expansion since February 2021 in April

May 16, 2022

Industrial output rose 1.2% in year-on-year terms in April, which was a deterioration from March's 8.1% increase. The outturn marked the worst reading since February 2021. The result largely reflected weaker manufacturing output. In addition, electricity, gas, steam and air conditioning supply output contracted.

Meanwhile, annual average industrial production growth fell to 4.9% in April (March: +5.0%). This signals a slight worsening trend in the industrial sector.

FocusEconomics panelists project industrial production to grow 3.2% in 2022, which is down 0.5 percentage points from last month’s forecast. In 2023, they see it expanding 4.3%.


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Kazakhstan Industry April 2022

Note: Year-on-year and annual average variation of industrial production index in %.
Source: Republic of Kazakhstan Agency of Statistics.


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