Industry in Kazakhstan
Kazakhstan - Industry
Industrial sector gains traction in October
Industrial production growth jumped to 5.4% on an annual basis in October after slowing to 3.7% in September. October’s upturn was underpinned by a surge in mining output and easing contraction in the water supply sector. These more than offset a loss of steam in manufacturing activity and a swing to decline in the supply of electricity, gas, steam and air conditioning.
Annual average growth in industrial production inched up to 3.1% in October from 3.0% in September.
FocusEconomics panelists expect industrial production to expand 3.3% in 2020, which is down 0.2 percentage points from last month’s forecast, and 3.0% in 2021.
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||386.0||0.32 %||Nov 21|
|Stock Market||0.1||0.0 %||Nov 20|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
December 3, 2019
Consumer prices rose 0.7% over the previous month in November, slightly up from October’s 0.6% increase.
November 18, 2019
Economic growth edged up to 4.3% year-on-year in the third quarter, up from Q2’s 4.1% expansion and marking the fastest expansion since Q3 2017, according to a preliminary estimate released by Kazakhstan’s Statistical Institute (SARK) on 18 November. While a detailed breakdown has to be released, an acceleration in industrial, construction, and services activity underpinned the upturn in growth.
November 15, 2019
Industrial production growth jumped to 5.4% on an annual basis in October after slowing to 3.7% in September.
November 1, 2019
Consumer prices rose 0.6% over the previous month in October, up from September’s 0.3% increase.
October 28, 2019
At its latest monetary policy meeting on 28 October, the National Bank of Kazakhstan decided to leave the base rate at 9.25%, keeping an interest rate corridor of plus or minus 1.0 percentage point.