Industry in Kazakhstan

Kazakhstan Industry | Economic News & Forecasts

Kazakhstan - Industry

Industrial sector grows at the swiftest pace in five months in March

Industrial production grew 4.2% year-on-year in March, up from February’s 3.5% expansion. The latest reading marked the fastest pace of expansion in the industrial sector in five months.

Looking at a breakdown of the sub-sectors, March’s print reflected a sharp acceleration in the manufacturing sector and a modest upturn in the growth of the water supply, sewerage system and waste management sector. On the downside, mining output decelerated, while electricity, gas and steam supply contracted following a flat reading in February.

Annual average growth in industrial production remained at 3.6% in March, matching the previous month’s print.

Met the why particular panelists expect industrial production to expand 3.2% in 2019, which is down 0.1 percentage points from last month’s forecast, and 3.1% 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 Rate377.40.32 %Apr 22
Stock Market0.10.0 %Apr 19

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