The Tengri Partners Kazakhstan Manufacturing PMI increased to 51.6 in June 2021 from 50.6 in the previous month. This was the third straight month of expansion in the sector and the strongest growth since last September, as output growth accelerated to the fastest pace in nine months, while new order expanded to the quickest rate in a year. Meanwhile, employment rose for first time in nine months, with the rate of job creation was only slight. On the price front, input cost inflation accelerated to a record pace, due to an input shortages and price hikes at suppliers. In response goods producers increased their charges to the fastest rate in four months. Looking ahead, business sentiment improved due to hopes an increase in demand and a sustained recovery across the sector. 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 July 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.