The Tengri Partners Kazakhstan Services PMI stood at 52.2 in April of 2021, unchanged from the previous month. The latest reading indicated a third successive monthly expansion in service sector activity and the joint-quickest on record. New orders growth accelerated to a fresh record high, while output continued to grow, amid reports of improved client demand. At the same time, employment rose for first time in 17 months. On the price front, cost inflation accelerated to the strongest since the series began in over two years ago, due to a faster rice in prices of materials, fuel, metals and chemicals. As a result, output charge prices continued to increase. Looking ahead, business sentiment remained positive. source: Markit Economics
Services PMI in Kazakhstan averaged 44.22 points from 2019 until 2021, reaching an all time high of 52.20 points in September of 2020 and a record low of 12.60 points in April of 2020. This page provides - Kazakhstan Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Services PMI - values, historical data and charts - was last updated on May of 2021.
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. Looking forward, we estimate Services PMI in Kazakhstan to stand at 50.00 in 12 months time. In the long-term, the Kazakhstan Services PMI is projected to trend around 50.00 points in 2022, according to our econometric models.