The Tengri Partners Kazakhstan Composite PMI increased to 44.9 in January 2021 from 44.7 a month earlier, signaling a fourth successive contraction in private sector output and one that was sharp overall. At the sector level the downturn was broad-based, although manufacturers saw output fall at the steepest pace since last April, while the reduction in services activity eased slightly. At the same time, new orders fell moderately, while the rate of job shedding accelerated to the quickest for five months. Meanwhile, backlogs of work at private sector firms rose for the second month running, with the increase the fastest in the series short history. On the price front, input prices inflation accelerated to a 23-month high. As a result, average charges rose sharply. Looking ahead, business sentiment strengthened to the highest on record amid hopes of looser virus restrictions. source: Markit Economics
Composite PMI in Kazakhstan averaged 43.65 points from 2019 until 2021, reaching an all time high of 52.80 points in September of 2020 and a record low of 15.30 points in April of 2020. This page provides - Kazakhstan Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Composite PMI in Kazakhstan is expected to be 47.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Kazakhstan to stand at 49.00 in 12 months time. In the long-term, the Kazakhstan Composite PMI is projected to trend around 50.00 points in 2022, according to our econometric models.