The Tengri Partners Kazakhstan Services PMI edged down to 54.3 in June of 2022 from May’s record high of 54.4. This marked the third successive month of expansion in the sector, supported by the steepest rise in new orders for a year amid reports of strengthening demand conditions. Meanwhile, employment declined slightly, with the rate of decline was the fastest seen for three months. On the price front, input price inflation eased to a four-month low, while output cost inflation slowed to the fastest since February. Looking ahead, business sentiment weakened slightly on hopes of more stable global economy and strengthened demand conditions. source: Markit Economics

Services PMI in Kazakhstan averaged 46.85 points from 2019 until 2022, reaching an all time high of 54.40 points in May of 2022 and a record low of 12.60 points in April of 2020. This page provides - Kazakhstan Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Services PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Services PMI in Kazakhstan is expected to be 54.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Services PMI is projected to trend around 50.00 points in 2023, according to our econometric models.

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Kazakhstan Services PMI

Related Last Previous Unit Reference
Services PMI 54.30 54.40 points Jun 2022
Composite PMI 53.90 54.00 points Jun 2022
Manufacturing PMI 53.00 52.00 points Jun 2022

Kazakhstan Services PMI
The Tengri Partners Kazakhstan Services PMI® is compiled by IHS Markit from responses to questionnaires sent to a panel of around 250 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted.
Actual Previous Highest Lowest Dates Unit Frequency
54.30 54.40 54.40 12.60 2019 - 2022 points Monthly