Industrial production in Kyrgyzstan rose 17.7 percent year-on-year in July 2019, easing from a 34.4 percent jump in the previous month. It was the smallest gain in industrial activity since February, as manufacturing output went up at a much softer pace (16.1 percent vs 38.9 percent in June) while production fell for electricity, gas, steam and air conditioning supply (-0.1 percent vs 0.6 percent) and water supply and sewerage (-0.1 percent vs 3.7 percent). On the other hand, mining & quarrying output advanced faster (173 percent vs 49.6 percent). Industrial Production in Kyrgyzstan averaged 5.38 percent from 1999 until 2019, reaching an all time high of 105.80 percent in February of 2010 and a record low of -44.10 percent in December of 2011.
Industrial Production in Kyrgyzstan is expected to be -26.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Kyrgyzstan to stand at -6.80 in 12 months time. In the long-term, the Kyrgyzstan Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.