GDP growth in 8 months of 2014 made 4.1% in Kazakhstan

Sept 10. Kazpravda

By Askhat Niyazov

The monthly growth is 0.1%.

GDP growth in 8 months of 2014 made 4.1% in KazakhstanGDP in Kazakhstan in January – August 2014 went 4.1% up, Kazpavda.kz reports citing the Minister of National Economy Erbolat Dosayev.

“According to the Statistics Committee, GDP growth rate in the 8 months hit 104.1%, and grew by 0.1% compared to the previous month,” he told a briefing on the Government meeting results.

GDP in January-July 2014 increased by 4%, in January-June – 3.9%. In general, on the Government forecasts, real GDP growth in the next 5 years in the country will range 5-6.8%.

“Physical volume index of industry made 0.9%, growth in agriculture – 2.5%, construction – 4.7%, trade – 9.4%, transport – 7%. Inflation in the past month was 0.4%, and on an annualized basis it made 5.4%, “- Dossaev added.

http://www.kazpravda.kz/en/news/view/25932

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