Kazakhstan: Industrial sector loses traction in November
December 20, 2019
Industrial production growth receded to 4.8% on an annual basis in November after accelerating to 5.4% in October. November’s print reflected slower mining output as well as a deeper contraction in the electricity supply. On the other hand, manufacturing production accelerated, while activity linked to the water supply rebounded.
Annual average growth in industrial production rose to 3.3% in November from 3.1% in October.
Author: Nicolás J. Aguilar, Economist