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Monetary policy

Inflation and Inflationary Expectations
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Enterprise Monitoring
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Enterprise Monitoring

The National Bank of Kazakhstan, via its regional branches, conducts a survey among company managers in order to assess the current business climate in the real sector of the country’s economy. The questions are aimed at identifying the major trends in the business environment: actual values and expectations of enterprises regarding the change in the demand for final products of enterprises; the change in prices of final products, raw materials and supplies; and the change in the need for and availability of credit resources for enterprises.

The document which governs the surveys of business climate is the Concept Paper for the Development of the Real Sector Monitoring for 2013-2017 as approved by the Resolution of the Board of Directors of the National Bank of the Republic of Kazakhstan No.130 of April 24, 2013.

  • Market Review. Outcomes of Enterprise Surveys in the Economy.

Based on outcomes of the survey, the Market Review is prepared. It describes the state of the business climate in the real sector by designing the system of leading and coincident indicators. Indicators of the business climate and economic activity of enterprises that were reflected in the review: the change in the demand for final products of enterprises; the change in prices of final products, raw materials and supplies and in the need for and availability of credit resources for enterprises; impact made on the business activities of enterprises in the real sector of the economy by the change in exchange rates of foreign currencies versus the tenge.

  • Industry-specific Market Review. Outcomes of Enterprise Surveys Broken Down by Industries (industries: the mining and the manufacturing industry, construction, trade, transport and warehousing)

The Market Review of the real sector broken down by key industries of the Kazakh economy reflects the situation in the industry which enables  company managers to use information – comparing the enterprise performance over time with the industry-specific performance indicators of resource utilizations, cost and price management, the change in the structure of capital and assets. In addition to indicators used in the main review, financial ratios characterizing the financial standing of enterprises are provided.


The results of Enterprise Surveys of the Economy

3rd Qtr 2017 (.pdf 06/12/2017,  1,13 MB)
2nd Qtr 2017 (.pdf 29/08/2017,  1,16 MB)
1st Qtr 2017 (.pdf 25/05/2017,  1,15 MB)
4th Qtr 2016 (.pdf 20/02/2017,  1,57 MB)
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