Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial production growth sees a sharp slowdown in August

August saw a sharp slowdown in industrial production growth. The industrial sector expanded a weaker 1.9% year-on-year in August, following a 4.4% annual expansion in July.

A breakdown of the sub-sectors shows that the downturn was driven by a notable drop in the pace of expansion of mining output and a swing to contraction in the supply of electricity, gas and steam. On the upside, the manufacturing sector accelerated slightly and the water supply, sewerage system and waste management sector rebounded.

Annual average growth in industrial production fell to 4.6% in August, from 5.7% in July.

FocusEconomics panelists expect industrial production to expand 4.4% in 2018, which is up 0.4 percentage points from last month’s projection. For 2019, panelists expect industrial production growth to slow to 3.9%, which is also up 0.4 percentage points from last month.

Kazakhstan - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.3  0.2  -1.6  -1.2  7.2  

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Note: Industrial production, annual variation in %.
Source: Agency of Statistics

Kazakhstan Facts

Exchange Rate364.50.32 %Oct 18
Stock Market0.10.0 %Oct 18

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