The Tengri Partners Kazakhstan Manufacturing PMI fell to 50.8 in December 2022 from 51.9 in November. It was the third month of expansion, albeit the softest, as production ticked down despite improvements in new business. New orders grew slightly for the 2nd month running, but production was unable to keep pace, with some firms noting challenges on rising demand amid financial pressures. As outputs fall behind, firms sometimes turn to inventories to fulfill orders, prompting stocks of finished goods to drop for the 2nd month. Also, employment fell for the first time in three months. Meanwhile, purchasing activity rose to its fastest rate since July 2022, however firms continued to face delays due largely to disruption in logistics. On prices, input costs slowed to its 3-year low, yet the continued rises in raw materials pushed output prices to a 3-month high. Looking ahead, business confidence eased from a 20-month high, but sentiments remain above the series average. source: Markit Economics

Manufacturing PMI in Kazakhstan averaged 49.52 points from 2019 until 2022, reaching an all time high of 53.00 points in June of 2022 and a record low of 39.30 points in April of 2020. This page provides - Kazakhstan Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Manufacturing PMI in Kazakhstan is expected to be 50.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Manufacturing PMI is projected to trend around 51.00 points in 2024, according to our econometric models.

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Kazakhstan Manufacturing PMI

Related Last Previous Unit Reference
Services PMI 48.20 49.10 points Dec 2022
Manufacturing PMI 50.80 51.90 points Dec 2022
Composite PMI 49.50 49.80 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
50.80 51.90 53.00 39.30 2019 - 2022 points Monthly