The Tengri Partners Kazakhstan Manufacturing PMI rose to 52.0 in May of 2022, the highest reading since August 2020, with new orders rising for the first time in six months. At the same time, output increased for the first time in three months. However, suppliers' delivery times continued to extend substantially, linked to logistical matters driven by the sanctions on Russia and COVID-19 lockdowns in China. On prices, input cost inflation significantly increased, showing the fastest rates in the 39 months of data collection amid higher market prices for raw materials, increased supplier charges, and exchange rate fluctuations. In turn, businesses raised selling prices nattily, with the rate of inflation above the series average. Finally, confidence continued to rebound firms were favorable for production amid hopes of more stable economic conditions and rising new orders. source: Markit Economics
Manufacturing PMI in Kazakhstan averaged 49.20 points from 2019 until 2021, reaching an all time high of 52.90 points in June of 2020 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 June 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.