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Kazakhstan's Oct manufacturing PMI at 51.6 vs 50.3 in Sept

Kazakhstan's Oct manufacturing PMI at 51.6 vs 50.3 in Sept

FILE PHOTO: A general view shows the Tien Shan Mountains and buildings in the city of Almaty, Kazakhstan October 23, 2021. REUTERS/Pavel Mikheyev

MOSCOW : Kazakhstan's manufacturing PMI rose to 51.6 in October from 50.3 in September, a Tengri Partners and IHS Markit survey published on Monday showed.

"The PMI data for October shows that Kazakh firms were increasingly successful at securing new orders during the month, and pushed up production volumes accordingly," said Anuar Ushbayev, managing partner and chief investment officer of Tengri Partners.

(Reporting by Olzhas Auyezov; Editing by Kim Coghill)

Source: Reuters

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