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

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Kazakhstan Manufacturing Pmi

Actual Previous Highest Lowest Dates Unit Frequency
47.10 48.20 49.90 47.10 2019 - 2020 points Monthly

Kazakhstan Manufacturing Pmi
The Tengri Partners Kazakhstan Manufacturing PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 250 manufacturers. 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. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices.