Industry in Kazakhstan
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 |
Source: Agency of Statistics
Kazakhstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 361.7 | 0.32 % | Aug 15 |
| Stock Market | 0.1 | 0.0 % | Aug 15 |
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Economic News
Kazakhstan: Inflation in July remains stable from the previous month
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Consumer prices rose 0.1% over the previous month in July, marking a smaller upturn than the 0.2% increase in June.
Kazakhstan: Industrial production loses steam in June
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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.
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Kazakhstan: Inflation drops for the third consecutive month in June
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Consumer prices increased 0.2% over the previous month in June, mirroring the reading observed in May.
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