ALMATY (Reuters) – Kazakhstan’s manufacturing PMI fell to 48.9 in December from 49.9 in November, a Tengri Partners and IHS Markit survey published on Wednesday showed.
“After battling a range of headwinds in recent months, the Kazakh manufacturing sector saw output and new orders decline at the end of the year amid the challenging economic environment,” said Anuar Ushbayev, managing partner and chief investment officer of Tengri Partners.
(Reporting by Olzhas Auyezov; Editing by Tom Hogue)
