Kazakhstan Industry December 2019

Kazakhstan

Kazakhstan: Industrial sector accelerates in December

January 15, 2020

Industrial production growth accelerated to 6.4% on an annual basis in December, from 4.8% in November. December’s print reflected soaring manufacturing output and slightly faster mining and quarrying production. On the other hand, electricity and water supply contracted.

Annual average growth in industrial production jumped to 3.9% in December from 3.3% in November.

FocusEconomics panelists expect industrial production to expand 3.8% in 2020, which is up 0.2 percentage points from last month’s forecast, and 3.4% in 2021.


Author:, Economist

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Kazakhstan Industry December 2019 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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