Kazakhstan: Industrial output growth improves in May
Industrial output rose 3.1% compared to the same month a year earlier in May, which followed April’s 1.2% increase. Looking at the details of the release, manufacturing production grew at a slower rate in May, while mining and quarrying output gained momentum.
Meanwhile, annual average industrial production growth steadied at 4.9% in May (April: +4.9%), signaling a stabilizing trend in the industrial sector.