Industry in Kazakhstan
Kazakhstan - Industry
Industrial output accelerates in November
Industrial output expanded 6.8% compared to the same month a year earlier in November, which was above October's 4.2% increase. The notable pickup was largely driven by an improvement in manufacturing output. Contrastingly, electricity production slowed down significantly.
Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at an over one-year high of plus 2.9% in November, up from October's 2.1% reading.
FocusEconomics panelists project industrial production to grow 3.4% in 2022, which is down 0.2 percentage points from last month’s forecast. In 2023, they see it also expanding 5.2%.
Kazakhstan - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -1.6 | -1.2 | 7.2 | 4.1 | 3.9 |
Source: Agency of Statistics
Kazakhstan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 382.9 | 0.32 % | Jan 01 |
| Stock Market | 0.1 | 0.0 % | Jan 07 |
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Economic News
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Kazakhstan: Inflation drops to lowest level since July in December
January 1, 2022
Consumer prices increased 0.60% over the previous month in December, slowing down from the 0.75% rise logged in November.
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Kazakhstan: Industrial output accelerates in November
December 13, 2021
Industrial output expanded 6.8% compared to the same month a year earlier in November, which was above October's 4.2% increase.
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Kazakhstan: Central Bank keeps base rate on hold in December
December 6, 2021
At its meeting in early December, the National Bank of Kazakhstan (NBK) decided to maintain the base rate at 9.75%, after delivering three consecutive hikes between July and October.
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Kazakhstan: Inflation falls to lowest level since August in November
December 1, 2021
Consumer prices increased 0.75% over the previous month in November, accelerating from October's 0.70% increase.
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Kazakhstan: GDP growth accelerates in January–September amid favorable base effect
November 15, 2021
According to a preliminary reading, GDP expanded 3.5% year-on-year in the January–September period, accelerating from the 2.4% expansion recorded in H1.
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