May 12, 2020 / 3:16 AM / in 15 days

Kazakhstan's Jan-April GDP shrinks 0.2% y/y

ALMATY, May 12 (Reuters) - Kazakhstan’s gross domestic product shrank 0.2% on the year in January-April, Economy Minister Ruslan Dalenov said on Tuesday, compared with 4% growth in the corresponding period of 2019.

The contraction was driven by a drop in the services sector, hit by the lockdown imposed in March to curb the spread of the coronavirus, he told a government meeting. (Reporting by Olzhas Auyezov; Editing by Clarence Fernandez)

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