Kazakhstan Industry April 2020

Kazakhstan

Kazakhstan: Industrial output speeds up in April

May 15, 2020

Industrial output rose 6.2% year-on-year in April (March: +5.9% yoy). Strong growth in the mining sector drove the uptick, while manufacturing production fell sharply amid the Covid-19 pandemic and lockdown measures.

Accordingly, the trend improved with the annual average growth of industrial production coming in at 4.9% in April, up from March's 4.5% reading.

Industrial production is seen falling 1.9% this year, which is unchanged from last month’s forecast. Next year, industrial output is seen growing 2.3%.


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Kazakhstan Industry April 20 20

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


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