The Business Activity Index (BAI) for Kazakhstan's manufacturing industries from Freedom Holding Corp. remained below 50 in October, standing at 48.3. For comparison, it was 49.2 in September. The resulting index indicates a deterioration in business conditions for five consecutive months.
The reduction in new orders resumed in Kazakhstan's manufacturing industry in October. It was insignificant, following a small increase in September. The reduction in new orders mainly points to weakened...