/KASE, February 5, 2025/ – Freedom Holding Corp. has provided Kazakhstan
Stock Exchange (KASE) with a review of the Purchasing Managers' Index (PMI)
of Kazakhstan's service sector for January 2025.
Below are comments from Yerlan Abdikarimov, Director of the Financial Analysis
Department of Freedom Finance Global PLC (a 100% subsidiary of Freedom
Holding Corp.).
"Kazakhstan's services sector closed the first month of the year on a wave of
optimism, overcoming the December slump thanks to strong growth in new
orders, which also contributed to one of the highest rates of growth in payroll
numbers since the series began six years ago. Along with the recovery in
business activity, the market faced an acceleration in inflation, driven by high
raw materials and logistics costs, as well as increased currency risks.
Following cost inflation, which turned out to be the most pronounced since
March last year, market participants increasingly shifted the burden of
expenses to buyers. Sector representatives significantly improved their
forecasts for the coming year on expectations of growing demand, business
expansion, the launch of new projects and hopes for an improvement in the
geopolitical situation".
Review in Kazakh –
https://kase.kz/files/presentations/kz/KZ_Services_KAZ_2501_PR.pdf
Review in Russian –
https://kase.kz/files/presentations/ru/KZ_Services_RUS_2501_PR.pdf
Review in English –
https://kase.kz/files/presentations/en/KZ_Services_ENG_2501_PR.pdf
[2025-02-05]