Industrial Production in Kazakhstan increased 6.40 percent in December of 2019 over the same month in the previous year.

Industrial Production in Kazakhstan averaged 5.16 percent from 1999 until 2019, reaching an all time high of 23.30 percent in June of 2001 and a record low of -7.80 percent in April of 1999. This page provides - Kazakhstan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Kazakhstan is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Kazakhstan to stand at 5.70 in 12 months time. In the long-term, the Kazakhstan Industrial Production is projected to trend around 5.70 percent in 2020, according to our econometric models.

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Kazakhstan Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
6.40 4.80 23.30 -7.80 1999 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-14 09:00 AM Sep 3.7% 6.9% 4.2%
2019-11-13 10:50 AM Oct 5.4% 3.7% 5.5%
2019-12-16 10:00 AM Nov 4.8% 5.4% 6.1%
2020-01-16 10:00 AM Dec 6.4% 4.8% 6.1%
2020-02-17 10:00 AM Jan 6.4% 4.5%

News Stream
Kazakhstan Industrial Output Rebounds in June
Industrial production in Kazakhstan increased 5.9 percent year-on-year in June of 2019, rebounding from a 1.6 percent drop in the previous month. Mining & quarrying output rebounded (8.6 percent vs -6.7 percent in May) while electricity, gas, steam & air conditioning supply advanced faster (6.3 percent vs 5.8 percent). On the other hand, manufacturing production went up at a softer pace (2.5 percent vs 3.8 percent).

Kazakhstan Industrial Output Falls for First Time Since 2016
Industrial production in Kazakhstan shrank 1.6 percent year-on-year in May 2019, following a 1.9 percent rise in the previous month. It was the first contraction in industrial activity since August 2016, as output declined further for mining & quarrying (-6.7 percent vs -4.2 percent in April) while production rose at a softer pace for manufacturing (3.8 percent vs 9.3 percent) and electricity, gas, steam & air conditioning supply (5.8 percent vs 6.2 percent).

Kazakhstan Industrial Output Growth Slows in April
Industrial production in Kazakhstan increased 1.9 percent year-on-year in April of 2019, easing from a 4.2 percent rise in the previous month. It was the slowest increase in industrial activity since January 2019, as mining & quarrying output fell (-4.2 percent vs 2.0 percent in March) while electricity, gas, steam & air conditioning supply advanced at a softer pace (6.2 percent vs 15.7 percent). On the other hand, manufacturing output increased faster (9.3 percent vs 8.8 percent). On a monthly basis, industrial production dropped 4.4 percent, after an 8.1 percent gain in the prior month.

Kazakhstan Industrial Production Growth Accelerates
Industrial production in Kazakhstan increased 3.5 percent year-on-year in February 2019, accelerating from a 1.9 percent growth in the previous month, boosted mainly by a rebound in both manufacturing (0.8 percent vs -5 percent) and water supply (14.5 percent vs -14.4 percent). Meanwhile, mining output growth slowed to 5.7 percent from 6.8 percent, while electricity, gas, steam & air conditioning supply was unchanged (vs 0.1 percent in January).

Kazakhstan Industrial Production
In Kazakhstan, industrial production measures the output of businesses integrated in industrial sector of the economy. Mining and quarrying is the most important sector and accounts for 50 percent of total production. The biggest segment within mining is crude petroleum and natural gas extraction. Manufacturing accounts for 40 percent. The biggest segments within manufacturing are: metallurgy (15 percent); food production (7 percent) and mechanical engineering (4 percent). Electricity, gas, steam and air conditioning supply accounts for 8 percent of total output and water supply, sewerage, waste management and remediation for 1 percent.