/KASE, June 3, 2026/ – Freedom Holding Corp. has provided Kazakhstan Stock Exchange (KASE) with a review of the Purchasing Managers' Index (PMI) of Kazakhstan's service sector for May 2026.

Below are comments from Saltanat Mukhambetaliyeva, Economics Research and Analytics Head, Freedom Holding Operations LLP:

"Kazakhstan's services sector continues to grow in May, though with signs of a shift from expansion towards an adaptive model. Despite a steady inflow of new orders, companies are forced to cut headcount further amid a serious squeeze in margins and limited pricing flexibility. This shows that firms are facing significant pressure on their operational efficiency. Declining real incomes and slowing consumer lending continue to narrow the domestic demand base, while the impact of rising utility tariffs has yet to be fully absorbed in the coming months. Against this backdrop, business expectations for the year ahead remain moderately optimistic, with the greatest resilience seen in mid-sized businesses."

Review in Qazaq – see more

Review in Russian – see more

Review in English – see more

[2026-06-03]