Kazakh Economy Expanded 5.6% as Waning Demand Stalled Growth

Kazakhstan’s economic growth stagnated in the first six months as deteriorating global demand eroded sales of its commodities exports.

Gross domestic product expanded 5.6 percent in the first half from a year earlier, unchanged from the first quarter, the Astana-based State Statistics Agency said in an e-mailed statement today. The median estimate of three economists surveyed by Bloomberg was for a 5.2 percent advance.