Kazakhstan Industry July 2018

Kazakhstan

Kazakhstan: Industrial production growth picks up in July

August 15, 2018

Industrial production picked up slightly in July, expanding 4.4% in annual terms, following a 4.2% year-on-year rise in June.

Looking at a breakdown of the sub-sectors, the mining and electricity, gas, steam and air conditioning supply sectors accelerated, while the manufacturing sector grew at a slightly weaker rate. On the other hand, the water supply, sewerage system and waste management sector continued contracting at the same rate as the previous month.

Annual average growth in industrial production edged down to 5.7% in July from 5.9% in June.

FocusEconomics panelists expect industrial production to expand 4.1% in 2018, which is up 0.2 percentage points from last month’s projection. For 2019, panelists expect industrial production growth to slow to 3.5%.


Author:, Economist

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Kazakhstan Industry July 2018 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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