Eurasia / Data
Kazakhstan’s services business activity rises only fractionally in March, PMI shows
Sector faces sharply rising cost burdens that hit highest level in 11 months.
Kazakhstan’s manufacturing sector shows more expansion in March, PMI data shows
Sharpest rise in output in 2025 so far. Marked rise in new orders.
Uzbekistan welcomes 678,700 foreign visitors in January, up 30% y/y
Country ambitious to host 12mn this year compared to 8.2mn last year.
Number of foreign-invested companies in Uzbekistan grows by 340 in February to 15,503
China continues to extend lead in ranking of number of companies foreign investors have set up and backed in Central Asia's second largest economy. Russia second, Turkey third.
Central Asia and Caucasus are some of the most hazardous places to drive in the world
Traffic-related deaths and injuries taking an economic toll.
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February brings only fractional growth in Kazakhstan's services sector, PMI shows
Cost pressures strongest in nearly a year, but sector representatives bet on improved demand, new projects.
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Confidence picks up in Kazakhstan’s manufacturing sector, February PMI shows
Solid expansion in new orders keeps index comfortably inside growth territory.
Uzbekistan’s public debt tops $40bn in 2024, borrowing cap exceeded
Indicator has risen from $17.8bn in 2019 and $34.9bn in 2023.
Turkey confirms it expects 1.3 bcm of Turkmen gas flows by end-2025
Country continues to push its ambition to become a gas re-export hub, but if sanctions on Russia are lifted amid a deal on Ukraine, that hope could fall apart.
Uzbekistan: Shadow economy responsible for generating over one-third of GDP
Officials use indirect methods to look at the unobservable.
S&P projects 15% growth for Azerbaijan's banking sector in 2025, lifts GDP outlook
From 2021 to 2024, bank lending grew by 18%, largely driven by a surge in consumer loans.
Azerbaijan's energy production stable as investments in Shah Deniz and ACG continue
Azerbaijan's energy sector maintained steady production in 2024, with significant investments directed toward the Shah Deniz gas-condensate field and the Azeri-Chirag-Gunashli oil and gas block, according to BP report.
Rebound in Kazakhstan service sector activity recorded by January PMI
Wave of optimism said to overcome December slump thanks to strong growth in new orders.
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Kazakh manufacturing growth decelerates from end-of-year high, but continues to expand, PMI shows
Producers still securing greater volumes of new orders. Near-stabilisation in supply chains.
China enhances position as Central Asia’s economic overlord
Trade balance heavily favours Beijing.
Gas exports to Europe to boost Azerbaijan's growth over next decade
Fitch Solutions projects Azerbaijan’s economy will grow by 2.9% annually until 2023, up from an average of 1.7% during 2012-2022.
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Kazakh services conclude 2024 with marginal drop in activity, PMI shows
Broader trend of strengthening demand remains intact. Inflationary pressures remain within manageable levels.