Industry in Kazakhstan
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
|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||384.2||0.32 %||Jun 13|
|Stock Market||0.1||0.0 %||Jun 12|
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May 20, 2019
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May 17, 2019
The industrial sector decelerated notably in April, growing 1.9% over the same day last month.