Industry in Kazakhstan
Kazakhstan - Industry
Industrial production growth picks up at the outset of the new year
The industrial sector regained some lost ground in January following a marked slowdown in December. In January, industrial output grew 1.9% over the same month of the previous year, after a meagre 0.1% year-on-year expansion in December.
A breakdown of the sub-sectors showed that January’s upturn was across-the-board. The water supply, sewerage system and waste management sector saw the biggest turnaround, rebounding sharply. Meanwhile, mining output accelerated, and the electricity, gas and steam supply also returned to growth, albeit mild, following five months of contraction. However, manufacturing output saw another notable drop, although the rate of contraction eased slightly from the previous month.
Kazakhstan Industrial Production Forecast
FocusEconomics panelists expect industrial production to expand 3.3% in 2019, which is down 0.6 percentage points from last month’s forecast, and 2.9% 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||376.4||0.32 %||Feb 20|
|Stock Market||0.1||0.0 %||Feb 20|
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February 19, 2019
The industrial sector regained some lost ground in January following a marked slowdown in December.
February 1, 2019
Consumer prices rose 0.5% over the previous month in January, following a 0.7% month-on-month upturn in December.
January 16, 2019
The industrial sector slowed markedly in December, with output rising at an annual pace of 0.1% in the month, following a 2.3% year-on-year expansion in November.
January 14, 2019
At its 14 January monetary policy meeting, the National Bank of Kazakhstan kept the base rate at 9.25%, with an interest rate corridor of plus or minus 1.0 percentage point.
January 3, 2019
Consumer prices rose 0.7% over the previous month in December, after a 0.9% month-on-month increase in November.