The Tengri Partners Kazakhstan Services PMI increased to 51.4 in August of 2021 from 49.6 in the previous month, signalling a renewed expansion in Kazakh services output during August, amid loosening quarantine restrictions. New orders returned to growth, following a slight fall in the previous month. As a result, companies increased their staffing levels for the first time since April. On the price front, input prices increased, due to higher labour, material and procurement costs. Meanwhile, output charges inflation eased to the weakest pace since last December and was only mild overall. Looking ahead, business sentiment moderated for the fourth month in a row and was the weakest since November 2020. source: Markit Economics

Services PMI in Kazakhstan averaged 45.62 points from 2019 until 2021, reaching an all time high of 54 points in June of 2021 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 - values, historical data and charts - was last updated on September of 2021.

Services PMI in Kazakhstan is expected to be 51.00 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 2022, according to our econometric models.

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Kazakhstan Services PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.40 49.60 54.00 12.60 2019 - 2021 points Monthly
SA

Kazakhstan Business Last Previous Highest Lowest Unit
Business Confidence 7.00 6.00 15.00 -2.00 points [+]
Industrial Production 1.90 8.20 23.30 -9.60 percent [+]
Industrial Production Mom 0.50 -1.00 17.90 -18.70 percent [+]
Manufacturing Production 4.70 7.90 35.30 -18.10 percent [+]
Changes in Inventories 503455.00 2702989.00 2702989.00 -64693.00 KZT Million [+]
Internet Speed 10581.80 8955.15 10581.80 397.87 KBps [+]
IP Addresses 1522517.00 1528598.00 1954834.00 108535.00 IP [+]
Leading Economic Index 4.70 7.60 15.40 -11.70 percent [+]
Manufacturing PMI 49.20 51.40 52.90 39.30 points [+]
Mining Production -2.20 8.60 30.00 -15.90 percent [+]
Services PMI 51.40 49.60 54.00 12.60 points [+]
Competitiveness Index 62.94 61.80 62.94 4.07 Points [+]
Competitiveness Rank 55.00 59.00 72.00 42.00 [+]
Composite PMI 50.70 50.10 53.40 15.30 points [+]
Car Registrations 3833317.00 3843826.00 4047767.00 3021947.00 [+]
Cement Production 1342.20 1376.20 1410.20 196.90 Thousands of Tonnes [+]
Copper Production 29683.00 22797.00 43837.00 17401.00 Tonnes [+]
Ease of Doing Business 25.00 28.00 64.00 25.00 [+]
Corruption Index 38.00 34.00 38.00 21.00 Points [+]
Corruption Rank 94.00 113.00 150.00 65.00 [+]


Kazakhstan Services PMI
The Tengri Partners Kazakhstan Services PMI® is compiled by IHS Markit from responses to questionnaires sent to a panel of around 250 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted.