The short-term economic indicator in January-February 2022 was 105.5%

The short-term economic indicator in January-February 2022 was 105.5%

Economic sector

The short-term economic indicator in January-February 2022 compared with January-February 2021 was 105.5% Calculation of the short-term economic indicator is implemented to ensure efficiency and is based on the change in output indexes for basic sectors: agriculture, industry, construction, trade, transport and communications, constituting over 60% of GDP.

The volume of investment in fixed assets in January-February 2022 was 12968 billion tenge, which is 2.6% more than in January-February 2021

Industrial output in January-February 2022 was 7270.4 billion tenge, which is 4.7% more than in January-February 2021. The decrease was recorded in the electricity, gas, steam, hot water and air-conditioned (by 2%). Mean while, there is an increase in the mining and quarrying (by 6.4%), manufacturing industry (by 3.9%), water supply, collection, processing and disposal of waste, industrial pollution elimination activities (by 5.8%).

The volume of gross output (services) of agricultural, foresty and fisheries in January-February 2022 was 4288 billion tenge, which is 1.6% more than in January-February 2021

The volume of the construction works (services) in January-February 2022 was 258.5 billion tenge, which is 7.6% more than in January-February 2021.

In «Transport and warehousing» sector the volume index in January-February 2022 was 110.4%.

The volume of freight turnover in January-February 2022 amounted to 98.5 billion ton-kilometers (given the estimation of the volume of turnover of individual entrepreneurs in volved in commercial transportation), which increased by 12.5% than in January-February 2021. The volume of passenger turnover was 14.7 billion passenger-kilometers and increased by 22.1%.

In «Communication» sector the volume index in January-February 2022 was 105.1%.

In «Trade» sector the volume index in January-February 2022 was 106.1%.

The volume of retail trade in January-February 2022 was 16217 billion tenge or 92.5% as compared to January-February 2021 (in the comparable prices).

The volume of wholesale trade in January-February 2022 was 4148.7 billion tenge or 112.8% as compared to January-February 2021 (in the comparable prices).

The foreign trade turnover of Kazakhstan in January 2022 was 88423 million US dollars and compared to January 2021 it increased by 62.6% (in nominal terms), including export – 6084.5 million US dollars (86.1% more, in nominal terms), imports – 2757.8 million US dollars (27.3% more, in nominal terms).

The number of registered legal entities as of March 1, 2022 was 482025 units and compared with the corresponding period of the previous year increased by 4.1%, including 473058 units with less than 100 employees. The number of operating entities was 357080, including 348334 small businesses (less than100 employees)

The consumer price index in February 2022 compared to December 2021 was 101.5%. The food prices have increased by 2.2%, non-food – by 0.8%, paid services – by 12%. Prices of industrial products in February 2022 compared to December 2021 has increased by 31%.

 

Social sector

Per capita nominal income of the population estimated in January 2022 was 136243 tenge (preliminary data) which is 115% higher compared to January 2021, the real monetary income in January 2022 increased by 2.8%.

Average monthly nominal wages accrued to employees (estimated) in February 2022 was 272968 tenge

The number of unemployed people estimated in February 2022 was 451.3 thousand people. The unemployment rate was 4.9% of the labor force. Number of persons registered with employment offices as unemployed at the end of February 2022 was 161.9 thousand people or 1.7% of the labor force

 

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