The Tengri Partners Kazakhstan Manufacturing PMI inched down to 51.4 in July 2021 from 51.6 in the previous month. This was the fourth straight month of expansion in the sector, as output growth accelerated modestly and little-changed from that seen in June amid some reports that shortages of raw materials had restricted the upturn. Also, new order rose at the sharpest rate since June 2020. Meantime, employment declined amid reports of resignations, while there were further delays in the receipt of raw materials. As a result, backlogs of work increased at a record pace. Prices data showed, input costs continued to rise sharply, due to higher charges from suppliers and unfavourable currency movements. In response goods producers increased their charges, due to a faster rise in prices of raw material. Looking ahead, business sentiment remained positive. 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 August 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.