Belarus: Industrial output slows in December
January 17, 2019
Industrial production growth decelerated to 1.3% year-on-year in December, down from November’s 3.1% expansion.
Looking at 2018 as a whole, annual average industrial production grew 5.7%, below 2017’s 6.1%. The weaker print reflected decelerating manufacturing and mining gains. In contrast, the utilities supply accelerated compared to the year before.
Belarus Industrial Production Forecast
FocusEconomics Consensus Forecast panelists project that industrial production will expand 4.3% in 2019, which is unchanged from last month’s projection. For 2020, panelists expect industrial production to rise 3.8%.
Author: Nicolás J. Aguilar, Economist