The Tengri Partners Kazakhstan Manufacturing PMI increased to 50.3 in September 2021 from 49.2 in the previous month, pointing to a return to growth of manufacturing production. Output rose solidly, and at the fastest pace for a year, with growth reflecting higher new orders and efforts to finish projects ahead of deadlines. New orders continued to rise, extending the current sequence of expansion to six months. Meanwhile, employment declined at the fastest pace since February. As well as seeing a drop in employment, manufacturers also scaled back their purchasing activity fractionally. Prices data showed, input cost inflation slowed to a nine-month low. As a result, output cost inflation eased to the softest in the year-to-date. Looking ahead, business sentiment weakened to a ten-month low. 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 October 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.