Kazakhstan: Industrial output expands at quickest pace in nearly six years in June
Industrial production expanded 10.5% year on year in June (May: -1.9% yoy). June’s figure marked the best reading since August 2017. Looking at the details of the release, June’s pickup largely reflected the manufacturing, mining and quarrying and electricity, gas, steam and air conditioning supply sub-sectors gaining steam.
Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 1.1%, up from May’s 0.1% reading.