Tengri Partners Sponsors New PMI™ Surveys for Kazakhstan, Compiled by IHS Markit
January 29 2020 - 12:00AM
Business Wire
Kazakhstan is the 44th country covered by the global PMI series
from IHS Markit
IHS Markit (NYSE: INFO), a world leader in critical information,
analytics and solutions, today announced Tengri Partners will
sponsor the new Purchasing Managers’ Index™ (PMI™) manufacturing
and services surveys for Kazakhstan. The first Tengri Partners
Kazakhstan Manufacturing and Services PMI survey reports were
issued today.
“We are delighted to announce the launch of Kazakhstan's first
ever PMI survey in partnership with IHS Markit who provide some of
the most closely-watched reports of business activity globally,”
Anuar Ushbayev, Managing Partner and Chief Investment Officer at
Tengri Partners said. “Our new PMI indices will be a valuable and
important source of monthly data and analytical information
providing insight into the health of Kazakhstan’s economy, allowing
users to monitor the trend of Kazakhstan's economic activity with
hitherto unprecedented combination of frequency and reliability. We
hope that both international and local businesses and investors as
well as every economist following Kazakhstan will find it useful to
track and analyse business conditions using the Tengri Partners
Kazakhstan PMI series.”
The PMI series, produced by IHS Markit, is one of the most
closely-watched signals of business activity and is valued
worldwide by central banks, financial markets and business decision
makers for providing timely and often unique monthly indicators of
economic trends. The indexes are based on monthly surveys of more
than 28,000 senior business executives to quantify variables such
as output, new orders, employment, stocks and prices. Kazakhstan is
the 44th country covered by the global PMI series from IHS
Markit
“We are delighted to be partnering with Tengri Capital to
deliver accurate, timely, high-frequency economic data on the
Kazakhstan economy with the launch of these new manufacturing and
service sector PMI surveys,” said Richard Willis, executive
director at IHS Markit. “The Kazakhstan PMI data will enable
economists, policy-makers and investors to track the economy’s
performance in near real-time and assess the local economy in a
global context using directly comparable data."
The Tengri Partners Kazakhstan Manufacturing PMI will be
released at 12:00 ALMT (06:00 UTC) on the first working day of each
month. The Tengri Partners Kazakhstan Services PMI (including
Composite PMI) will follow at 12:00 ALMT (06:00 UTC) on the third
working day of each month. Provisional release dates for the
remainder of 2020 are as follows:
Manufacturing:
- 3 Feb
- 2 Mar
- 1 Apr
- 4 May
- 1 Jun
- 1 Jul
- 3 Aug
- 1 Sep
- 1 Oct
- 2 Nov
- 2 Dec
Services:
- 5 Feb
- 4 Mar
- 3 Apr
- 6 May
- 3 Jun
- 3 Jul
- 5 Aug
- 3 Sep
- 5 Oct
- 4 Nov
- 4 Dec
About IHS Markit
(www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical
information, analytics and solutions for the major industries and
markets that drive economies worldwide. The company delivers
next-generation information, analytics and solutions to customers
in business, finance and government, improving their operational
efficiency and providing deep insights that lead to well-informed,
confident decisions. IHS Markit has more than 50,000 business and
government customers, including 80 percent of the Fortune Global
500 and the world’s leading financial institutions. Headquartered
in London, IHS Markit is committed to sustainable, profitable
growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or
its affiliates. All other company and product names may be
trademarks of their respective owners © 2020 IHS Markit Ltd. All
rights reserved.
About Tengri Partners
(www.tengripartners.com)
Tengri Partners is a diversified Central Asia-based merchant
banking group engaged in securities trading, capital markets,
investment banking, investment management, commercial finance and
principal investments.
About PMI
Purchasing Managers’ IndexTM (PMITM) surveys are now available
for over 40 countries and also for key regions including the
eurozone. They are the most closely-watched business surveys in the
world, favoured by central banks, financial markets and business
decision makers for their ability to provide up-to-date, accurate
and often unique monthly indicators of economic trends. To learn
more go to https://ihsmarkit.com/products/pmi.html.
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version on businesswire.com: https://www.businesswire.com/news/home/20200128005820/en/
News Media IHS Markit: Sebastian Kadritzke IHS Markit +44 203
159 3283 sebastian.kadritzke@ihsmarkit.com
Katherine Smith IHS Markit +1 781 301 9311
katherine.smith@ihsmarkit.com
Tengri Partners: Ilias Tsakalidis Tengri Partners
i.tsakalidis@tengripartners.com
Maxim Kryuchkov Tengri Partners
m.kryuchkov@tengripartners.com
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