Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial sector loses considerable steam in April

The industrial sector decelerated notably in April, growing 1.9% over the same day last month. This marked a considerable loss of steam from March’s 4.2% year-on-year expansion.

Looking at a breakdown of industrial activities, the downturn was caused by a swing to contraction in mining output and a notable deceleration in the water supply, sewerage system and waste management sector. A deterioration in these sectors more than offset an upturn in the growth of manufacturing production and a rebound in the supply of electricity, gas and steam.

Annual average growth in industrial production inched down to 4.1% in April, from 4.2% in March.

Met the why particular panelists expect industrial production to expand 3.1% in 2019, which is down 0.1 percentage points from last month’s forecast, and 3.2% in 2020.

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 Rate384.20.32 %Jun 13
Stock Market0.10.0 %Jun 12

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