The Tengri Partners Kazakhstan Manufacturing PMI increased to 48.5 in February 2021 from 45.6 in the previous month. The latest reading signalled a fourth straight monthly decline in the health of the manufacturing sector, although the rate of reduction was the slowest since last November, amid quarantine measures to contain the coronavirus pandemic. Output shrank at a softer rate, amid the rebounding in new orders. Also, employment declined further, with the rate of job shedding was solid overall. On the price front, input cost inflation eased slightly and was still among the fastest on record. As a result, selling prices rose at the fastest pace since the data began in March 2019. Looking ahead, business sentiment remained positive due to hopes of rising demand and new contracts once restrictions are eased. source: Markit Economics
Manufacturing Pmi in Kazakhstan averaged 48.40 points from 2019 until 2020, reaching an all time high of 49.90 points in November of 2019 and a record low of 47.10 points in January of 2020. This page provides - Kazakhstan Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Manufacturing PMI - values, historical data and charts - was last updated on March of 2021.
Manufacturing Pmi in Kazakhstan is expected to be 50.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Kazakhstan to stand at 53.00 in 12 months time. In the long-term, the Kazakhstan Manufacturing Pmi is projected to trend around 51.00 points in 2021 and 50.00 points in 2022, according to our econometric models.