The Tengri Partners Kazakhstan Manufacturing PMI rose to a record high of 53.0 in June of 2022 from 52.0 in the prior month, boosted by more stable economic conditions. This was also the second straight month of growth in factory activity, as both new orders and buying activity grew at the fastest rates since the survey began. Also, employment expanded for the first time in a year, despite firms continued to see backlogs of work accumulate due to robust demand and delays receiving raw materials. Suppliers' delivery times lengthened further, primarily due to the logistical disruption caused by the imposition of sanctions on Russia. On prices, input cost continued to rise sharply, linked to soaring material prices and unfavorable exchange rate movements. In turn, firms increased their selling prices, and at a broadly similar pace to that seen in May. Finally, sentiment was upbeat, as hopes grew for further gains in new customers and the resumption of previous partnerships. source: Markit Economics
Manufacturing PMI in Kazakhstan averaged 49.20 points from 2019 until 2021, reaching an all time high of 53.90 points in June of 2022 and a record low of 39.30 points in April of 2020. This page provides - Kazakhstan Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Manufacturing PMI in Kazakhstan is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Manufacturing PMI is projected to trend around 50.90 points in 2023 and 51.00 points in 2024, according to our econometric models.