Kazakhstan Industry February 2021

Kazakhstan

Kazakhstan: Industrial output returns to growth in February

March 15, 2021

Industrial output increased 0.2% year-on-year in February (January: -4.1% yoy). The figure was partly driven by faster growth in manufacturing and water supply output. Meanwhile, mining and quarrying production dropped at a softer pace.

The trend pointed down, with the annual average variation of industrial production coming in at minus 2.0% in February, down from January's minus 1.4%.

FocusEconomics panelists project industrial production to grow 3.2% in 2021, which is up 0.1 percentage points from last month’s forecast. In 2022, they see it expanding 3.9%.


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Kazakhstan Industry February 2021 0

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


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