Belarus Industry September 2021

Belarus

Belarus: Industrial output records lowest expansion since December 2020 in September

October 18, 2021

Industrial output increased 2.3% year-on-year in September (August: +3.7% yoy). The outturn marked the worst reading since December 2020. Looking at the details for the month, manufacturing kept slowing down the print, while the mining and the electricity, gas, steam, hot water and conditioning supply were buoyant.

Meanwhile, annual average industrial production growth rose to 6.6% in September (August: +6.5%), signaling an improving trend in the industrial sector.

FocusEconomics panelists project that industrial production will increase 3.1% in 2021, which is down 0.2 percentage points from last month’s projection. In 2022, industrial output is seen increasing 3.8%.


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Belarus Industry September 2021

Note: Year-on-year changes of working-day adjusted and annual average variation of industrial production index in %.
Source: National Statistical Committee of the Republic of Belarus (BELSTAT) and FocusEconomics calculations.


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