Kazakhstan Industry April 2019

Kazakhstan

Kazakhstan: Industrial sector loses considerable steam in April

May 17, 2019

The industrial sector decelerated notably in April, growing 1.9% over the same day last month. This marked a considerable loss of steam from March’s 4.2% year-on-year expansion.

Looking at a breakdown of industrial activities, the downturn was caused by a swing to contraction in mining output and a notable deceleration in the water supply, sewerage system and waste management sector. A deterioration in these sectors more than offset an upturn in the growth of manufacturing production and a rebound in the supply of electricity, gas and steam.

Annual average growth in industrial production inched down to 4.1% in April, from 4.2% in March.

FocusEconomics panelists expect industrial production to expand 3.1% in 2019, which is down 0.1 percentage points from last month’s forecast, and 3.2% in 2020.


Author:, Economist

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Kazakhstan Industry April 2019 1

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


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