/KASE, March 3, 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 February 2025.
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 sector showed a recovery in growth rates in
February after a significant slowdown in January, when the indicator fell
sharply from its historical maximum in December (from 53.9 to 51.5). The
recovery was driven by steady growth in new orders and increased production
volumes. Worrying factors included a sharp acceleration in cost-push inflation,
which reached a two-year high due to rising prices for raw materials, transport
and utilities, which in turn led to higher selling prices. Logistics problems
and customs delays affected delivery times, but procurement activity continued
to grow. Despite the challenges, as well as the fiscal reforms announced by the
Government in January-February of this year, industry representatives raised
their one-year forecasts to an eight-month high. In addition to the sector’s
confidence in stable demand, this could also be supported by the Government’s
decision to stimulate industry diversification through the launch of a
largescale program supporting investment projects with the involvement of the
country's development institutions".
Review in Kazakh –
https://kase.kz/files/presentations/kz/KZ_Manufacturing_KAZ_2502_PR.pdf
Review in Russian –
https://kase.kz/files/presentations/ru/KZ_Manufacturing_RUS_2502_PR.pdf
Review in English –
https://kase.kz/files/presentations/en/KZ_Manufacturing_ENG_2502_PR.pdf
[2025-03-03]