Business activity of industrial enterprises increases in Kazakhstan

Business Materials 10 April 2012 18:43 (UTC +04:00)

Kazakhstan, Astana, April 10 / Trend D. Mukhtarov /

Heads of Kazakh industrial enterprises noted the increase in demand for finished products in March 2012, compared with the previous month, and as a consequence, the increase in production, resulting in increased business activity, statement of press service of Kazakh Statistics Agency said on Tuesday.

The index of business confidence, which characterizes the change in business activity, increased by three percentage points to hit nine percent.

According to the majority of heads of industrial enterprises, in the short term - up to June 2012 growth of their business activity is expected.

The increase in consumer demand in March 2012, compared with the previous month, according to leaders of trade enterprises, reflected in changes in their business activity. The index of business confidence rose by four percentage points and amounted to 15 percent.

Prior to June 2012, 67 percent of companies predict that the situation with the financial and economic activity, compared to the current moment, will not change, 22 percent predict improvement while nine per cent - recession.