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Belarus Industrial production August 2023

Belarus: Industrial output expands at quickest pace since August 2021 in September

Industrial production grew 7.9% year on year in August (July: +7.1% yoy). The print marked the best reading since August 2021. Manufacturing and mining and quarrying production accelerated, while electricity, gas, steam and air conditioning supply activity contracted at July’s rate.

Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 8.2% in August, up from July’s 5.0% reading.

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