The short-term economic indicator in January-April 2020 was 101.2%

The short-term economic indicator in January-April 2020 was 101.2%

Economic sector

The short-term economic indicator in January-April 2020 compared with January-April 2019 was 101.2%. 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-April 2020 was 3020.3 billion tenge, which is 0.9% more than in January-April 2019.

Industrial output in January-April 2020 was 8720 billion tenge in current prices, which is 5.9% more than in January-April 2019. In mining and quarrying production has increased by 6%, in manufacturing production – by 7%, in water supply, sewerage system, control over the collection and distribution has - by 3.4%, in electricity, gas, steam and air conditioning production has by 0.6%.

The volume of gross output (services) of agricultural, foresty and fisheries in January-April 2020 was 701.6 billion tenge, which is 2.2% more than in January-April 2019.

The volume of the construction works (services) in January-April 2020 was 666.1 billion tenge, which is 5.5% more than in January-April 2019.

In «Transport» sector the volume index in January-April 2020 was 88.9%.

The volume of freight turnover in January-April 2020 amounted to 182.2 billion ton-kilometers (given the estimation of the volume of turnover of individual entrepreneurs involved in commercial transportation), which is 2.3% less than January-April 2019. The volume of passenger turnover was 67.7 billion passenger-kilometers and decreased by 25.9%.

In «Communication» sector the volume index in January-April 2020 was 109.6%.

In «Trade» sector the volume index in January-April 2020 was 91.1%.

The volume of retail trade in January-April 2020 was 2874.1 billion tenge or 88.2% as compared to January-April 2019 (in the comparable prices).

The volume of wholesale trade in January-April 2020 was 6261,4 billion tenge or 93.2% as compared to January-April 2019 (in the comparable prices).

The foreign trade turnover of Kazakhstan in January-March 2020 was 21007 million US dollars and compared to January- March 2019 it increased by 2.7%, including export – 13908.5 million US dollars (4.2% more), imports – ___ million US dollars (0.1% less).

The number of registered legal entities as of May 1, 2020 was 450855 units and compared with the corresponding period of the previous year increased by 3%, including 442233 units with less than 100 employees. The number of operating entities was 316011 including 307685 small businesses (less than 100 employees).

The consumer price index in April 2020 compared to December 2019 was 103.2%. The food prices have increased by 5.5%, non-food – by 1.7%, paid services - by 1.5%. Prices of industrial products in April 2020 compared to December 2019 has decreased by 12.5%.

Social sector

Per capita nominal income of the population estimated in March 2020 was 109376 tenge (preliminary data) which is 12.7% higher compared to March 2019, the real monetary income in March 2020 increased by 5.9%.

Average monthly nominal wages accrued to employees (estimated) in April 2020 was 195935 tenge.

The number of unemployed people determined by the ILO methodology for the I quarter of 2020 amounted to 442.4 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 April 2020 was 155.5 thousand people or 1.7% 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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