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FX.co ★ Kazakhstan Services PMI Hits Record High

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typeContent_19130:::2025-07-04T02:40:08

Kazakhstan Services PMI Hits Record High

Freedom Holding Corp.'s Kazakhstan Services PMI increased to 55.1 in June 2025, rising from 54.3 in May. This marks the fourth consecutive month of growth and represents the fastest expansion since the survey's inception in March 2019. The notable growth stems from the implementation of innovative projects and business models, which have bolstered demand and attracted a broader customer base, even as there was a minor reduction in new business volume. Consequently, employment rebounded to growth following a three-month period of decline. On the pricing front, input cost inflation reached its highest point in four months, driven by escalating costs for raw materials, rent, and utilities, compounded by a weaker exchange rate. Correspondingly, output price inflation accelerated as businesses transferred these increased costs to consumers. However, business sentiment dipped to its lowest in a year, largely due to apprehensions about market competition, foreign trade risks, and potential tax policy revisions.

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