The Tengri Partners Kazakhstan Composite PMI declined to 49.7 in October 2020 from 52.8 a month earlier, signalling contraction in private sector activity, while a renewed fall in services output drove the overall reduction, outweighing a fractional increase in factory production. Output growth eased and the order book volumes rose marginally while the rate of job shedding quickened to a solid pace. On the price front, input prices inflation eased, while average charges were broadly stable during October. Looking ahead, business sentiment moderated noticeably in September. Although still positive overall, sentiment was the weakest since April. source: Markit Economics
Composite Pmi in Kazakhstan averaged 43.38 points from 2019 until 2020, 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 November of 2020.
Composite Pmi in Kazakhstan is expected to be 46.00 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 51.00 in 12 months time. In the long-term, the Kazakhstan Composite PMI is projected to trend around 49.00 points in 2021 and 50.00 points in 2022, according to our econometric models.