Enterprises decrease business activity in Kazakhstan

Business Materials 12 December 2011 14:17 (UTC +04:00)

Kazakhstan, Astana, Dec. 12 / Trend K. Konyrova/

Enterprises have decreased business activity in Kazakhstan by 4 percent in November compared to the previous month index to 10 percent, Kazakhstan's Statistics Agency reported.

"Heads of industrial enterprises noted a decline in demand for finished commodity and consequently, slightly decreased production volumes," the agency said.

The business activity of trade enterprises increased by 2 percent in November compared to the previous month. The index of business confidence made up 6 percent.

According to the Agency's survey, a total of 67 percent of Kazakh enterprises expect the immutability of the financial and economic activity until February compared to the present time, 18 percent forecast a growth and 13 percent a decline.

Edited by E. Kosolapova