Kazakhstan's Feb manufacturing PMI at 51.2 vs 50.0 in Jan

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 1 (Reuters) - Kazakhstan's manufacturing purchasing managers' index (PMI) rose to 51.2 in February from 50.0 in January, a Tengri Partners and IHS Markit survey published on Wednesday showed.


"Price and supply pressures are much more benign than they were in 2022, but logistics disruption and raw material costs still provide something of a headwind to the full recovery of the sector," said Anuar Ushbayev, managing partner and chief investment officer at Tengri Partners.
(Reporting by Olzhas Auyezov; Editing by Tom Hogue)

Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.