Belarus Industry September 2016

Belarus

Belarus: Industrial production falls at steeper rate in September

October 17, 2016

In September, industrial production in Belarus contracted 0.9% over the same month last year, deteriorating from August’s softer 0.4% decline. According to the National Statistical Committee (BELSTAT), the sharper contraction came on the back of a marked drop in mining and quarrying output, the near stagnation of manufacturing and a decline in water supply at a double-digit rate.

Despite the annual decrease, the overall trend improved slightly in September as annual average growth in industrial production inched up from minus 3.1% in August to minus 2.5%.

FocusEconomics Consensus Forecast participants see industrial production contracting 0.9% in 2016, which is unchanged from last month’s Consensus. For 2017, panelists see industrial production returning to growth and expanding 0.9%, which is also unchanged from last month’s projection.


Author: Marlène Rump, Economist

Sample Report

Looking for forecasts related to Industry in Belarus? Download a sample report now.

Download

Belarus Industry Chart


Belarus Industry September 2016 0

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.


Belarus Economic News

  • Belarus: Industrial production moderates in July

    August 16, 2017

    Industrial production rose 5.4% over the same month of the previous year in July, coming in lower than the 6.6% jump in June. According to Belarus’ National Statistical Committee (BELSTAT), the biggest expansion was observed in the manufacturing sub-index, which itself was driven by a noteworthy increase in the production of machinery and equipment.

    Read more

  • Belarus: Inflation falls in July

    August 10, 2017

    Consumer prices fell 0.1% in July over the previous month, contrasting June’s 0.7% increase.

    Read more

  • Belarus: Industrial production growth moderates in June

    July 17, 2017

    Industrial production rose a solid 6.6% over the same month of the previous year in June, but came in lower than the notable 8.4% jump in May. According to Belarus’ National Statistical Committee (BELSTAT), the biggest expansion was observed in the manufacturing sub-index, which in turn was driven by an upsurge in the production of machinery and equipment.

    Read more

  • Belarus: Inflation shoots up in June following May’s multi-year low

    July 12, 2017

    Consumer prices rose 0.7% in June over the previous month following May’s 0.3% increase.

    Read more

  • Belarus: Growth in industrial production surges in May to over four-year high

    June 16, 2017

    Industrial production in May jumped 8.4% over the same month last year, however the reading comes in below April’s 8.7%. According to Belarus’ National Statistical Committee (BELSTAT), the expansion was driven primarily by strong growth in the manufacture of machinery and equipment sector, while the category of other manufacturing (which includes repair and installation of machinery and equipment) recorded the biggest contraction. Annual average growth in industrial production increased from 2.2% in April to 2.8% in May, marking the highest result in over four years.

    Read more

More news

Search form