Azernews.Az

By Aynur Karimova

Kazakhstan’s short-term economic indicator increased by 2.8 percent in 2014, the National Economy Ministry said on January 14.

The calculation of short-term economic indicator is carried out to ensure efficiency and is based on the change in the index of manufacture on the basic industries: agriculture, industry, construction, trade, transport and communication, which account for 67-68 percent of GDP.

In January-December 2014 investment in fixed assets amounted to 6.574.7 billion tenges, which is 3.9 percent more compared to 2013.

In January-November the country’s foreign trade turnover amounted to $110.589 billion and in comparison with January-November 2013 decreased by 9.9 percent.

The consumer price index in December 2014 amounted to 107.4 percent compared to December 2013. The nominal average income of the population in November 2014 amounted to 62,355 tenges, which is 9.1 percent higher than in November 2013, and real incomes for the period increased by 1.4 percent.

The average monthly nominal wage per employee in November 2014 amounted to 119,111 KZT, by increasing by 11 percent compared to November 2013. Real wage index amounted to 103.2 percent in November 2013.

The number of unemployed in December 2014 amounted to 458,800 people and the unemployment rate was 5 percent of the economically active population.

Aynur Karimova is AzerNews’ staff journalist, follow her on Twitter: @Aynur_Karimova

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