The Tengri Partners Kazakhstan Composite PMI was up to a four-month high of 53.3 in October 2021 from 51.4 in the prior month. The latest figure also signaled the eighth successive month of growth in the private sector, as services activity grew for the third month running while the growth of factory output was the strongest since September 2020. New business expanded the most since June, with both goods producers and services firms registering faster expansions. Meantime, sustained difficulties finding staff led to another reduction in employment. Moreover, the rate of job shedding was the quickest since January and solid. Turning to prices, inflationary pressures continued to intensify, as cost burdens rose at the steepest rate on record, with firms raising their own charges sharply in response. Finally, confidence ticked up slightly, but the level of sentiment was still weak in the context of historical data. source: Markit Economics
Composite PMI in Kazakhstan averaged 46.57 points from 2019 until 2021, reaching an all time high of 53.40 points in June of 2021 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 2021.
Composite PMI in Kazakhstan is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Composite PMI is projected to trend around 50.00 points in 2022, according to our econometric models.