Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial output records largest decline in over one year in June

Industrial output declined 1.3% compared to the same month a year earlier in June, which contrasted May's 3.1% increase. The figure marked the worst reading since January 2021. June's downturn largely reflected drops in mining and quarrying, as well as in electricity, gas, steam and air conditioning supply output. However, manufacturing production growth accelerated.

Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 4.6% in June, down from May's 4.9% reading.

FocusEconomics panelists project industrial production to grow 3.8% in 2022, which is down 0.1 percentage points from last month’s forecast. In 2023, they see it expanding 4.5%.

Kazakhstan - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)-1.6  -1.2  7.2  4.1  3.9  

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

Kazakhstan Facts

Value Change Date
Exchange Rate382.90.32 %Jan 01
Stock Market0.10.0 %Jan 07

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