Growth of Kazakhstan industrial production in January-August, 2005/2004 slowed down to 4.5% - statistics agency

/REUTERS, Almaty, September 12, 04/ - Kazakhstan statistics agency says in January-August of 2005 industrial production growth rates in Kazakhstan slowed down more than 2 times - to 4.5%, from 9.8% in January-August of last year. Volume of industrial production in current prices in January-August equaled to KZT3,197 bn. (about $23.8 bn.). Falling of production was observed in iron ore extraction and in steel rolling. Oil production remained in last year's level. INDUSTRIAL PRODUCTION OF KAZAKHSTAN* ------------------------------------------------------------------ Aug, 05 Jul, 05 Jan-Aug, 05 Jan-Aug, 04 ---------------------- ------- ------- ----------- ----------- Rel. to prev. month +0.6 +2.6 - - Rel. to similar period of previous year +0.7 -0.3 +4.5 +9.8 ------------------------------------------------------------------ * - 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) [2005-09-12]