The Tengri Partners Kazakhstan Manufacturing PMI decreased to 48.0 in July 2020 from 52.9 in the previous month, pointing the first contraction in the manufacturing sector in three months, as the reintroduction of lockdown measures in some cities to curb the coronavirus crisis. Output shrank at the second-fastest pace on record, while new orders contracted slightly. At the same time, firms continued to cut jobs, with employment dropping at the most marked rate on record. On the price front, cost continued to rise due to higher prices of raw material, as well as unfavourable exchange rates and higher prices at suppliers. The rate of increase was the slowest for four months, albeit still sharp. At the same time, output charges rose for the thirteenth successive month, and the slowest since January. Looking ahead, business sentiment strengthened amid optimism to improving sales forecasts and hopes of an economic recovery.

Manufacturing Pmi in Kazakhstan averaged 48.40 points from 2019 until 2020, reaching an all time high of 49.90 points in November of 2019 and a record low of 47.10 points in January of 2020. This page provides - Kazakhstan Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Manufacturing Pmi - values, historical data and charts - was last updated on August of 2020. source: Markit Economics

Manufacturing Pmi in Kazakhstan is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Kazakhstan to stand at 49.00 in 12 months time. In the long-term, the Kazakhstan Manufacturing Pmi is projected to trend around 51.00 points in 2021 and 50.00 points in 2022, according to our econometric models.

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Kazakhstan Manufacturing Pmi

Actual Previous Highest Lowest Dates Unit Frequency
48.00 52.90 52.90 39.30 2019 - 2020 points Monthly

Kazakhstan Business Last Previous Highest Lowest Unit
Business Confidence -1.00 2.00 15.00 -2.00 points [+]
Industrial Production -5.60 0.50 23.30 -7.80 percent [+]
Industrial Production Mom 3.70 -11.20 17.90 -18.70 percent [+]
Manufacturing Production 1.70 7.60 35.30 -18.10 percent [+]
Changes in Inventories 366065.00 2594937.00 2594937.00 -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 -3.20 -6.30 15.40 -8.20 percent [+]
Competitiveness Index 62.94 61.80 62.94 4.07 Points [+]
Competitiveness Rank 55.00 59.00 72.00 42.00 [+]
Composite Pmi 35.60 49.90 49.90 15.30 points [+]
Car Registrations 3884421.00 3932437.00 4047767.00 3021947.00 [+]
Cement Production 1131.10 1011.70 1214.80 196.90 Thousands of Tonnes [+]
Copper Production 39932.00 43837.00 43837.00 17401.00 Tonnes [+]
Ease of Doing Business 25.00 28.00 64.00 25.00 [+]
Corruption Index 34.00 31.00 34.00 21.00 Points [+]
Corruption Rank 113.00 124.00 150.00 65.00 [+]
Steel Production 235.00 250.00 529.00 56.00 Thousand Tonnes [+]
Services Pmi 32.40 48.00 48.00 12.60 points [+]
Mining Production 9.10 5.60 30.00 -15.90 percent [+]
Manufacturing Pmi 48.00 52.90 52.90 39.30 points [+]

Kazakhstan Manufacturing Pmi
The Tengri Partners Kazakhstan Manufacturing PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 250 manufacturers. 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. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices.