Belarus Industry December 2018


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%.


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Belarus Industry Chart

Belarus Industry December 2018 1

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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