Industry in Kazakhstan
Kazakhstan - Industry
Industrial output growth falls to one-year low in May
Industrial production increased a meagre 0.5% year-on-year in May (April: +6.2% yoy), as the effects of the Covid-19 pandemic dented activity. May's result marked the slowest growth since May 2019. The slowdown was driven by a contraction in manufacturing output and slower growth in mining and quarrying production.
Meanwhile, the trend improved with the annual average growth of industrial production coming in at 5.0%, up slightly from April's 4.9%.
Industrial production is seen falling 2.3% this year, which is unchanged from last month’s forecast. Next year, industrial output is seen growing 3.0%.
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 |
Sample Report
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.
Economic News
-
Kazakhstan: Industrial output growth falls to one-year low in May
July 17, 2020
Industrial production increased a meagre 0.5% year-on-year in May (April: +6.2% yoy), as the effects of the Covid-19 pandemic dented activity.
-
Kazakhstan: Inflation hits over two-year high in June
July 2, 2020
Consumer prices rose a seasonally-adjusted 0.40% from the last month in June, coming in below May's 0.50% rise.
-
Kazakhstan: Tenge recovers lost ground in May
June 9, 2020
Kazakhstan’s tenge (KZT) strengthened notably against the U.S. dollar in May and at the start of June, after having sunk to a record low in March.
-
Kazakhstan: Central Bank holds base rate in June
June 8, 2020
The National Bank of Kazakhstan (NBK) decided to keep the base rate steady at 9.50% at its monetary policy meeting on 8 June, after having slashed it by 250 basis points in April in the wake of Covid-19.
-
Kazakhstan: Inflation broadly stable in May
June 1, 2020
Consumer prices increased 0.5% month-on-month in May, below April’s 0.9% rise.
© Copyright: 2020. | Kazakhstan Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
