In January, the Business Activity Index calculated by Freedom Holding Corp. and S&P Global rose to 51.3 from 49.7 in December. The index ranges between 0 and 100, with a reading above 50 indicating growth and below 50 indicating contraction.
The index is based on a single question that asks about changes in the volume of business activity compared to the previous month.
«The latest increase in service sector activity, though modest, was the most pronounced since July of last year,» Freedom Holding Corp. said in a statement on Kazakhstan Services PMI® for January 2025.