Services PMI in Kazakhstan decreased to 48 points in February from 50.50 points in January of 2026. Services PMI in Kazakhstan averaged 49.11 points from 2019 until 2026, reaching an all time high of 55.10 points in June of 2025 and a record low of 12.60 points in April of 2020. source: S&P Global

Services PMI in Kazakhstan is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Related Last Previous Unit Reference
Car Registrations 5908124.00 5885970.00 Units Jan 2026
Cement Production 666.70 1310.80 Thousands of Tonnes Jan 2026
Changes in Inventories 4847085.00 3333685.40 KZT Million Sep 2025
Copper Production 38641.00 38992.00 Tonnes Jan 2026
Corruption Index 38.00 40.00 Points Dec 2025
Corruption Rank 96.00 88.00 Dec 2025
Industrial Production YoY -6.60 8.10 percent Jan 2026
Industrial Production MoM -21.50 10.40 percent Jan 2026
Manufacturing Production 4.40 11.60 percent Jan 2026
Mining Production -19.90 5.90 percent Jan 2026


Kazakhstan Services PMI
The Kazakhstan Freedom Holding Corp. Services PMI® is compiled by S&P Global 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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Kazakhstan Services PMI Hits Record High
Freedom Holding Corp.'s Kazakhstan Services PMI rose to 55.1 in June 2025, up from 54.3 in May, marking the fourth consecutive month of growth and the fastest expansion on record since the survey began in March 2019. The robust growth was driven by the implementation of new projects and business models, which collectively spurred demand and attracted additional customers, despite a slight softening in new business volumes. As a result, employment returned to growth after three consecutive months of decline. On the price front, input cost inflation accelerated to a four-month high, fueled by rising prices for raw materials, rent, and utilities, as well as a weaker exchange rate. Output price inflation also quickened to a four-month high, as firms passed higher costs on to customers. Finally, business sentiment weakened to its lowest level in a year, amid concerns over market competition, foreign trade risks, and potential changes in tax policy.
2025-07-04
Kazakhstan Services Sector Growth Slows in February
The Freedom Holding Corp. Kazakhstan Services PMI edged down to 50.2 in February 2025 from 51.3 in January, indicating only fractional growth in the services sector. Business activity and new orders continued to rise, but at a slower pace, marking the weakest growth in four months. Moreover, new business growth remained marginal, as firms noted that stronger demand and new projects were partially offset by increasing competition. Meanwhile, employment continued to expand for the sixth consecutive month, though at a slower pace than in January. On the price front, inflationary pressures intensified, with input costs rising at the fastest rate in 11 months, driven by higher wages and general cost increases. In response, service providers raised their prices at the quickest pace since early 2024. Despite these challenges, business confidence climbed to an 11-month high, with firms optimistic about rising demand, planned investments, and the launch of new services in the coming year.
2025-03-05