The Tengri Partners Kazakhstan Services PMI increased to a record peak of 54.4 in May of 2022 from 51.4 in the previous month. This was also the second successive month of expansion in the sector, amid a faster rise in new orders and the first increase in employment levels in nine months. On the price front, input price inflation eased slightly from April's record high, while output cost inflation slowed to a three-month low. Looking ahead, business sentiment strengthened to a three-month high, amid hopes of economic and political stabilization, along with rising demand would lead to further expansion in output. source: Markit Economics
Services PMI in Kazakhstan averaged 46.61 points from 2019 until 2022, reaching an all time high of 54.40 points in May of 2022 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Services PMI in Kazakhstan is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Services PMI is projected to trend around 50.00 points in 2023, according to our econometric models.