Disruptions in oil and gas industry and restrained consumer activity led to a slowdown in the economy of Kazakhstan

18.11.2022

Disruptions in the oil and gas industry and subdued consumer activity led to a slowdown in the economy of Kazakhstan in 9M2022 to 2.8% yoy from 3.6% yoy in 1H2022 and 4.6% yoy in 1Q2022. Despite the acceleration of inflation and external uncertainty, fundamental conditions for economic activity remain favourable...