Industry in Kazakhstan
Kazakhstan - Industry
Industrial production slows in July
Industrial production grew 3.2% in July, down from June’s 5.9% which had marked an over-year high. A breakdown of industrial activities revealed slower growth in manufacturing, mining and energy supply output. In addition, water supply contracted at a sharper rate than a month prior.
Annual average growth in industrial production logged 2.8% in July, edging down from June’s 2.9%.
FocusEconomics panelists expect industrial production to expand 3.0% in 2019, which is from last month’s forecast, and 3.3% in 2020.
Kazakhstan - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 2.3 | 0.2 | -1.6 | -1.2 | 7.2 |
Source: Agency of Statistics
Kazakhstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 388.6 | 0.32 % | Sep 04 |
| Stock Market | 0.1 | 0.0 % | Sep 04 |
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Economic News
Kazakhstan: Central Bank hikes the base rate in a bid to curb rising inflationary pressures
September 9, 2019
The National Bank of Kazakhstan decided to raise the base rate by 25 basis points to 9.25%, keeping an interest rate corridor of plus or minus 1.0 percentage point around the base rate, at its latest monetary policy meeting on 9 September.
Kazakhstan: Industrial production slows in July
August 15, 2019
Industrial production grew 3.2% in July, down from June’s 5.9% which had marked an over-year high.
Kazakhstan: Inflation steady in July
August 1, 2019
Consumer prices rose 0.2% over the previous month in July, matching June’s result.
Kazakhstan: Industrial sector grows at the fastest pace in 13-months in June
July 15, 2019
Industrial production grew 5.9% in June, the highest reading in over a year and rebounding from May’s 1.6% contraction.
Kazakhstan: Growth decelerates in January–March on weaker external demand
July 15, 2019
A breakdown of GDP by expenditure released by Kazakhstan’s Statistical Institute (SARK) confirmed that the economy grew 3.8% year-on-year in January–March, decelerating from the 4.1% expansion recorded in January–December 2018. Ebbing global momentum and volatility in commodity markets appear to have taken its toll on the external sector.
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