Kazakhstan sees decrease in business activity index month-on-month

Business Materials 12 January 2021 16:14 (UTC +04:00)
Kazakhstan sees decrease in business activity index month-on-month

BAKU, Azerbaijan, Jan. 12

By Nargiz Sadikhova - Trend:

Index of business activity in Kazakhstan has decreased by 0.4 percent points to 49 percent in Dec. 2020, the results of the survey say, Trend reports citing Kazakhstan’s National Bank.

The decrease in the index is for the most part due to the decrease in construction business index by 3 points to 49.5 percent. The business activity index in services provision sector was 48 percent as compared to 48.7 percent in Nov. 2020.

At the same time, the business activity index in industry was 50.3 percent indicating an increase as compared to 49.6 percent in Nov. 2020.

In the context of regions, business activity index indicators improved in Kostanay, Mangystau and East Kazakhstan regions. A significant deterioration in the index was noted in the Aktobe and West Kazakhstan regions.

The ventures operating in the real sector of the economy also reported improvements in the conditions for holding business in Kazakhstan. The business climate index in Dec. has amounted to 4.2 which is the highest indicator for 2020.

A total of 452 ventures took part in the December’s survey: 64 of the ventures operate in construction sector, 172 in industry and 326 in services.


Follow the author on Twitter: @nargiz_sadikh