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
|Industrial Production (annual variation in %)||2.3||0.2||-1.6||-1.2||7.2|
5 years of economic forecasts for more than 30 economic indicators.
Source: Agency of Statistics
|Exchange Rate||388.6||0.32 %||Sep 04|
|Stock Market||0.1||0.0 %||Sep 04|
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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.
August 15, 2019
Industrial production grew 3.2% in July, down from June’s 5.9% which had marked an over-year high.
August 1, 2019
Consumer prices rose 0.2% over the previous month in July, matching June’s result.
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.
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.