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.

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Kazakhstan Services PMI

Actual Previous Highest Lowest Dates Unit Frequency
52.20 52.20 52.20 12.60 2019 - 2021 points Monthly
SA

Kazakhstan Business Last Previous Highest Lowest Unit
Business Confidence 6.00 2.00 15.00 -2.00 points [+]
Industrial Production 4.00 0.20 23.30 -9.60 percent [+]
Industrial Production Mom 2.90 -17.20 17.90 -18.70 percent [+]
Manufacturing Production 9.10 3.00 35.30 -18.10 percent [+]
Changes in Inventories 2702989.00 2469807.00 2702989.00 -64693.00 KZT Million [+]
Internet Speed 10581.80 8955.15 10581.80 397.87 KBps [+]
IP Addresses 1522517.00 1528598.00 1954834.00 108535.00 IP [+]
Corruption Index 38.00 34.00 38.00 21.00 Points [+]
Corruption Rank 94.00 113.00 150.00 65.00 [+]
Ease of Doing Business 25.00 28.00 64.00 25.00 [+]
Competitiveness Index 62.94 61.80 62.94 4.07 Points [+]
Competitiveness Rank 55.00 59.00 72.00 42.00 [+]
Composite PMI 51.70 50.80 52.80 15.30 points [+]
Car Registrations 3849901.00 3853300.00 4047767.00 3021947.00 [+]
Cement Production 879.80 741.50 1229.20 196.90 Thousands of Tonnes [+]
Copper Production 41221.00 40986.00 43837.00 17401.00 Tonnes [+]
Leading Economic Index -1.80 -2.30 15.40 -11.70 percent [+]
Manufacturing PMI 50.70 48.50 52.90 39.30 points [+]
Mining Production -6.80 -10.20 30.00 -15.90 percent [+]
Steel Production 355.00 330.00 529.00 56.00 Thousand Tonnes [+]
Services PMI 52.20 52.20 52.20 12.60 points [+]


Kazakhstan Services PMI
The Tengri Partners Kazakhstan Services PMI® is compiled by IHS Markit 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.