The Tengri Partners Kazakhstan Manufacturing PMI little-changed to 50.6 in May 2021 from 50.7 in the previous month. This was the second straight month of expansion in the sector, as both output and new order continued to grow, although the expansions remained only mild overall. Meanwhile, employment declined further, with the rate of job shedding was the fastest for three months and moderate. On the price front, input cost inflation eased, due to a rise in prices at suppliers and unfavourable exchange rates. In response goods producers increased their charges. Looking ahead, business sentiment moderated since April, but remained historically elevated. source: Markit Economics
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 June of 2021.
Manufacturing Pmi in Kazakhstan is expected to be 50.80 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 53.00 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.