Growth of Kazakhstan industrial production slowed down from 7.0% in 2006 to 4.5% in 2007

/REUTERS, Almaty, January 11, 08/ - Production growth rates in Kazakhstan slowed down to 4.5% in 2007 from 7.0% a year earlier, Atatistics agency says. "Volume of industrial production in current prices in January-December of 2007 equaled to KZT7,703.8 bn., which makes 104.5% relative to the level of January-December of 2006", is said in a message on the web site at www.stat.kz. Oil production remained in 2007 increased by 3.8% to the last year, iron ore extraction - by 1.5%, and steel rolling decreased by 1.9%, is said in the message. INDUSTRIAL PRODUCTION OF KAZAKHSTAN ------------------------------------------------------------------------ January- January- December November December декабрь декабрь 2007 2007 2006 2007 2006 ---------------------- -------- -------- -------- -------- -------- Rel. to prev. month +6.1 +2.0 +5.8 - - Rel. to similar period of previous year +4.0 +4.3 +8.2 +4.5 +7.0 ------------------------------------------------------------------------ * - index of physical volume of production has been calculated taking into account additional calculations on all activities, including volumes of works (services) of industrial type, and also volumes of small enterprises, enterprises of subsidiary industry, sector of economics and individual unorganized activity. ($1 = KZT134.32) [2008-01-11]