Kazakhstan’s real GDP growth accelerated to some 4% YoY in September. Existing statistical data reported a material slowdown of real GDP growth to 3.2% YoY in H1 2024. Therefore, if statistics confirm, the report would suggest quarterly real GDP growth accelerating to over 5.5% YoY in 3Q24. The strong harvest could be one of the potential drivers of growth outperformance, as the current harvest has already exceeded the official forecast for the year.