Kazakhstan's economy grew 6.2% in Jan-JuneThe economy of Kazakhstan expanded by 6.2% year-on-year in the first half of 2025, outpacing analysts’ forecasts, Deputy Prime Minister and Minister of National Economy Serik Zhumangarin announced Tuesday."GDP growth reached 6.2% in January-June, accelerating by 0.2 percentage points compared to the first five months. This is higher than the same period last year and marks the strongest growth in 12 years," Zhumangarin said during a government meeting.The growth was driven by an 8% increase in the real sector and a 5.2% rise in services. Key contributors included transportation (+22.7%) and construction (+18.4%), alongside steady gains in trade and mining (+8.4%). Manufacturing grew by 5.5%, while agriculture rose 3.7%.Analysts surveyed by Interfax-Kazakhstan had projected first-half GDP growth between 5% and 6%, meaning the actual figure exceeded expectations.The National Bank of Kazakhstan earlier revised its 2025 GDP forecast upward to 5-6%, citing strong domestic demand and rising investment.President Kassym-Jomart Tokayev had previously stated that economic growth would reach at least 5.5% this year.Kazakhstan’s GDP grew 6% in January-May 2025, following a 4.8% expansion in 2024 and 5.1% in 2023. (ICE ALMATY)

Fonte notizia: INTERFAX