The Tengri Partners Kazakhstan Composite PMI surged to a record peak of 54.0 in May 2022 from 50.4 a month earlier. The latest reading also pointed to the second straight month of increase, as there was a renewed expansion across the manufacturing sector, and a stronger uplift in business activity at service providers. Total new orders grew the most since June 2021 after broadly stabilizing in April, supported by looser pandemic curbs. That said, employment ticked down fractionally, with the overall pace of reduction measured the joint-softest in the current 13-month sequence of contraction. Turning to prices, inflationary pressures did abate marginally, as rates of input price and charge inflation lessened from the record-highs observed in April. Finally, confidence improved to a three-month high. source: Markit Economics
Composite PMI in Kazakhstan averaged 46.96 points from 2019 until 2022, reaching an all time high of 54 points in May of 2022 and a record low of 15.30 points in April of 2020. This page provides - Kazakhstan Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Composite PMI in Kazakhstan is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Composite PMI is projected to trend around 51.00 points in 2023 and 51.60 points in 2024, according to our econometric models.