Belarus: Contraction in industrial production softens in March
April 19, 2016
In March, industrial production fell 2.0% over the same month last year, marking an improvement compared to the 3.9% contraction recorded in February. According to the National Statistical Committee (BELSTAT), mining swung to contraction in March, while sharp contractions were recorded in manufacturing as well as in electricity, gas, and steam and water collection and treatment.
Meanwhile, annual average growth in industrial production went up from minus 6.5% in February to minus 5.8% in March.