The Tengri Partners Kazakhstan Composite PMI increased to 52.2 in May 2021 from 51.7 a month earlier. The latest reading pointed to the fastest expansion in private sector activity since last September. Growth was broad based during May, but driven by services which saw a record rise in business activity. New orders grew for the fourth month in a row. The rate of increase slowed only slightly from April's record and was still sharp overall. On the prices front, input prices inflation eased slightly. As a result, the output prices rose to the fastest pace in the series history. Meanwhile, the employment declined with the rate of job shedding was only mild overall. Looking ahead, business sentiment weakened to a five-month low. source: Markit Economics
Composite PMI in Kazakhstan averaged 45.20 points from 2019 until 2021, reaching an all time high of 52.80 points in September of 2020 and a record low of 15.30 points in April of 2020. This page provides - Kazakhstan Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Composite 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. Looking forward, we estimate Composite PMI in Kazakhstan to stand at 49.00 in 12 months time. In the long-term, the Kazakhstan Composite PMI is projected to trend around 50.00 points in 2022, according to our econometric models.