Kazakhstan’s economy grew by 4.7 percent year-on-year in August of 2021, a slower growth pace compared to the 7.6 percent growth rate in the prior month. Output was driven by construction works (11.9 percent vs 6.3 percent in July), communication services (14.9 percent vs 14.3 percent), and agricultural, forestry, and fishing activities (1.2 percent vs -0.2 percent). Meanwhile, output grew at a slower place for industrial production (1.9 percent vs 8.2 percent), and retail trade (0.2 percent vs 5.2 percent). From the expenditure side, fixed capital investment surged 17.9 percent, compared to the 0.7 increase in July. Year to date, Kazakhstan’s economy advanced 3.9 percent over the same period last year. source: Agency of Statistics of the Republic of Kazakhstan
Leading Economic Index in Kazakhstan averaged 3.18 percent from 2008 until 2021, reaching an all time high of 15.40 percent in December of 2009 and a record low of -11.70 percent in July of 2020. This page provides - Kazakhstan Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Short-Term Economic Indicator - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Leading Economic Index in Kazakhstan is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Short-Term Economic Indicator is projected to trend around 5.00 percent in 2022, according to our econometric models.