Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial production loses steam in June

The industrial sector lost pace in June, growing at a more moderate 4.2% year-on-year following a 6.4% annual expansion in the previous month.

A breakdown of the sub-sectors revealed an across-the-board slowdown. The mining sector lost the most speed, followed by the electricity, gas, steam and air conditioning supply sector. Meanwhile, the pace of expansion of the manufacturing sector moderated only slightly. Meanwhile, the water supply, sewerage system and waste management sector contracted at a sharper rate compared to last month, the sector has been contracting throughout the whole year.

Annual average growth in industrial production edged down to 5.9% in June from 6.2% in May.

FocusEconomics panelists expect industrial production to expand 3.9% in 2018, which is down 0.2 percentage points from last month’s projection. For 2019, panelists expect industrial production to grow 3.6%.

Kazakhstan - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.3  0.2  -1.6  -1.2  7.2  

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Note: Industrial production, annual variation in %.
Source: Agency of Statistics

Kazakhstan Facts

ValueChangeDate
Exchange Rate361.70.32 %Aug 15
Stock Market0.10.0 %Aug 15

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