The Tengri Partners Kazakhstan Manufacturing PMI fell to 47.1 in January 2020 from 48.2 in the previous month. The reading pointed to the third consecutive contraction in the country's factory activity and at the sharpest pace since the series began in March last year, as output and new orders declined further and markedly. Also, employment continued to fall strongly and purchasing activity went down for the second straight month. On the price front, input inflation softened but was sharp overall, amid reports of greater fuel costs, higher prices at suppliers and unfavourable exchange rates. As a result, average selling prices rose further but the rate of increase was the second-slowest in six months. Looking ahead, business sentiment moderated slightly but remained among the highest in the series' eleven-month history and was robust overall, amid hopes of an improvement in demand conditions and new contract wins.
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. source: Markit Economics