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Belarus Industry January 2021

Belarus: Industrial output records quickest growth since February 2018 in January

Industrial production expanded 8.5% year-on-year in January (December: -0.7% yoy). The print marked the best result since February 2018. The uptick came on a favorable base effect, amid higher manufacturing and energy output.

Meanwhile, the trend improved notably, with the annual average variation of industrial production coming in at plus 0.5% in January, contrasting December’s minus 0.7%.

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