The indicator increased by 1.3 percentage points
The Minister of National Economy Irgaliev talked about the results of the socio-economic development from January to March. According to him, based on the results of the first quarter of this year, macroeconomic indicators have improved.
Asset Irgaliyev said that growth has accelerated to 7.9% in real areas excluding mining.
“Fixed asset investment without mining has increased by 34%. The annual inflation rate has slowed to 7%. Most branches of the physical sector have shown steady growth. These are construction, water supply, manufacturing, electricity and agriculture. The information and communications sector also increased by 9.9%. As a result, the GDP growth rate increased from negative 2.9% in January-February to negative 1.6% in January-March.
As the Minister pointed out, the growth rate of the manufacturing industry is accelerating. The dynamic growth of the mechanical engineering field reached 21.8%, including the dynamic growth of the automotive industry-20.7%.
The output of construction materials increased by 30.1%, chemical products-increased by 14.2%, plastic products-increased by 22.3%, clothing-increased by 25.8%, furniture-increased by 19.2%, and pharmaceuticals-increased by 9.1%.
The manufacturing industry continues to show an upward trend. An increase of 7.5%,” the minister said.
At the same time, 13 regions showed positive growth. The largest increase in Nur-Sultan was due to the increase in the output of concrete, refined gold, railway vehicles and locomotives; in Almaty-due to the increase in the production of metal structures, buses and concrete; in the Almaty region-due to the increase in the production of tobacco products and Growth in battery production.
A decrease was observed in three regions: In Atyrau, due to a decrease in gasoline, kerosene, and fuel oil production; in Western Kazakhstan, due to steel pipes and profiles, gasoline and diesel production decreased; due to a decrease in cotton and natural uranium production And caused in the Turkestan region.
According to Asset Irgaliev, most regions still maintain high investment activity. The average investment growth rate excluding mining is 34%. Investment in the manufacturing industry increased significantly by 2.4 times, the information and communications sector-an increase of 63%, agriculture-an increase of 55%, transportation-an increase of 42%, the construction industry-an increase of 39%, and trade-an increase of 29% Real estate transactions-real estate-grew by 16%.
“On a regional scale, the best indicators have been observed in the Turkestan region; in Shymkent, due to the increase in the construction of industrial facilities and the purchase of production equipment, in Almaty-due to the construction of housing and social facilities and engineering infrastructure,” He says.
At the same time, investment funds in two regions have decreased. In the western region of Kazakhstan-due to the Karachaganak oil field expansion project, the construction and installation work in the Atyrau area has decreased-future expansion projects and the construction and installation work of the Tengiz oil field wellhead pressure management project have decreased.
The growth of the construction industry is accelerating. The volume of completed projects increased by 13.1%.
Inflation rate dropped to 7% in March
Food inflation is still in the double-digit growth zone