The short-term economic indicator in January-March 2020 was 104.3%

Economic sector

The short-term economic indicator in January-March 2020 compared with January-March 2019 was 104.3%. 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-March 2020 was 2300.9 billion tenge, which is 5.1% more than in January-March 2019.

Industrial output in January-March 2020 was 6874.9 billion tenge in current prices, which is 5.8% more than in January-March 2019. In mining and quarrying production has increased by 5%, in manufacturing production - by 8.8%, in water supply, sewerage system, control over the collection and distribution has - by 5.7%. In electricity, gas, steam and air conditioning production has decreased by 1.1%.

The volume of gross output (services) of agricultural, foresty and fisheries in January-March 2020 was 503 billion tenge, which is 2.5% more than in January-March 2019.

The volume of the construction works (services) in January-March 2020 was 456.1 billion tenge, which is 11.7% more than in January-March 2019.

In «Transport» sector the volume index in January-March 2020 was 98.7%.

The volume of freight turnover in January-March 2020 amounted to 137,5 billion ton-kilometers (given the estimation of the volume of turnover of individual entrepreneurs involved in commercial transportation), which is 1.4% less than January-March 2019. The volume of passenger turnover was 65.4 billion passenger-kilometers and decreased by 4.1%.

In «Communication» sector the volume index in January-March 2020 was 110.5%.

In «Trade» sector the volume index in January-March 2020 was 101%.

The volume of retail trade in January-March 2020 was 2378.4 billion tenge or 100.8% as compared to January-March 2019 (in the comparable prices).

The volume of wholesale trade in January-March 2020 was 4939.7 billion tenge or 101.2% as compared to January-March 2019 (in the comparable prices).

The foreign trade turnover of Kazakhstan in January-February 2020 was 13746.5 million US dollars and compared to January-February 2019 it decreased by 4.4%, including export – 9087.1 million US dollars (8.3% less), imports – 4659.4 million US dollars (4.2% more).

The number of registered legal entities as of April 1, 2020 was 450192 units and compared with the corresponding period of the previous year increased by 3.2%, including 441567 units with less than 100 employees. The number of operating entities was 314577 including 306272 small businesses (less than 100 employees).

The consumer price index in March 2020 compared to December 2019 was 102.3%. The food prices have increased by 3.6%, non-food – by 1.4%, paid services - by 1.4%. Prices of industrial products in March 2020 compared to December 2019 has decreased by 1.7%.

Social sector

Per capita nominal income of the population estimated in February 2020 was 109733 tenge (preliminary data) which is 12.9% higher compared to February 2019, the real monetary income in February 2020 increased by 6.5%.

Average monthly nominal wages accrued to employees (estimated) in March 2020 was 196716 tenge.

The number of unemployed people estimated in March 2020 was 442.6 thousand people. The unemployment rate was 4.8% of the labor force. Number of persons registered with employment offices as unemployed at the end of March 2020 was 149.8 thousand people or 1.6% of the labor force.

www.stat.gov.kz / The official statistica / Publications / Monthly publications / Socio-economic development of the Republic of Kazakhstan

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