Positive dynamics of economic activity: GDP growth in Kazakhstan in the first quarter reached 3.8%
In the first quarter of 2019, the positive dynamics of economic activity remained. This is evidenced by the figures below:
Gross domestic product increased by 3.8%.
Annual inflation rate dropped to 4.8%.
Investment in fixed assets increased by 7%.
Industrial production increased by 3.2%.
Chemical production, production of building materials, mechanical engineering increased by 10%. Automobile production increased by 33%.
Construction increased by 8.9%.
Volume of transport and warehousing services increased by 4.4%.
Growth of agricultural production was 3.6%.
Foreign trade turnover for 2 months of 2019 increased by 7.5%, including exports � by 11.1%, imports � by 0.3%.
Domestic trade increased by 7.2%.
The sum of loans issued by second-tier banks for 2 months of 2019 amounted to 1.9 trillion tenge compared to the same period in 2018, this is 11% more.
Unemployment rate in the labor market fell to 4.8%.
Per capita income of the population in January-February 2019 increased in real terms by 9.4% compared with January-February 2018.
Source: The Prime Minister of Kazakhstan