/KASE, December 5, 2025/ – Kazakhstan Stock Exchange (KASE) has published on its website a review of the Index of Business Activity in Kazakhstan (BAI) for November 2025, which was prepared by the National Bank of the Republic of Kazakhstan based on the results of a monthly survey of enterprises and includes a set of enterprises' answers to questions regarding actual changes in economic indicators of enterprises and expectations regarding their change in the future.

The BAI is an indicator that characterizes the state of the economy in the real sector, allows you to explore the dynamics of economic trends, critical and turning points of the business cycle.

According to the National Bank of the Republic of Kazakhstan:

"In November 2025, business activity remained at the previous month's level, staying in the growth area.

An improvement in activity was recorded across all sectors except service, where the index moved into the contraction area, amounting to 49.6 (October – 50.4). At the same time, the indices in the mining and construction sectors moved into the growth area, amounting to 50.5 and 50.4 respectively (October – 48.7 and 49.7). In trade, the indicator improved from 50.2 in October to 51.5 in November, while in manufacturing it remained in the growth area despite a slight decline to 51.8 (October – 52.9).".

Reviews in Kazakh – see more

Reviews in Russian – see more

Reviews in English – see more

[2025-12-05]