KASE published on its Internet resource review of PMI of Kazakhstan's manufacturing sectors for December from Freedom Holding Corp.

05.01.25 16:20
/KASE, January 5, 2025/ – Freedom Holding Corp. has provided Kazakhstan Stock Exchange (KASE) with a review of the Purchasing Managers' Index (PMI) of Kazakhstan's manufacturing sectors for December 2024. Below are comments from Yerlan Abdikarimov, Director of the Financial Analysis Department of Freedom Finance Global PLC (a 100% subsidiary of Freedom Holding Corp.). "Kazakhstan's manufacturing industry is ending the year at a historic high, achieving record growth in production volumes and new orders. The price factor remains relevant: the acceleration of cost inflation has led to an increase in selling prices. However, the fact that the growth rate in both cases remained below the historical average adds a sense of optimism. Despite rising raw material costs and ongoing logistics challenges, manufacturers have maintained their purchasing activity and hiring efforts. Finished goods stocks have rebounded for the first time in seven months, concluding a prolonged period of depletion. Industry representatives remain optimistic about 2025, planning to expand production in anticipation of further demand growth". Review in Kazakh – https://kase.kz/files/presentations/kz/KZ_Services_KAZ_2411_PR.pdf Review in Russian – https://kase.kz/files/presentations/ru/KZ_Services_RUS_2411_PR.pdf Review in English – https://kase.kz/files/presentations/en/KZ_Services_ENG_2411_PR.pdf [2025-01-05]