Belarus: Industrial output growth rises in August
Industrial production expanded 3.7% year-on-year in August (July: +2.7% yoy). Among the fastest growing sub-sectors, manufacturing performed well, with surging output in wood and paper, printing and reproduction of recorded media as well as for transport vehicles and equipment. Meanwhile, mining and quarrying and water supply also grew considerably.
Meanwhile, the trend improved slightly, with the annual average growth of industrial production coming in at plus 6.5% in August, up from July’s 6.2%.