Belarus Industry September 2018

Belarus

Belarus: Industrial production growth ticks up in September

October 16, 2018

Industrial output growth rose marginally in September to 4.4% year-on-year from 4.3% in the previous month. Meanwhile, annual average industrial production growth fell to 6.6% in September from 6.8% in August.

Industrial production rose 6.8% year-on-year in the January–September period (January–August: +7.1% year-on-year). The print was largely driven by solid growth in the manufacturing sector, which rose 6.9% in annual terms, down from the 7.4% increase logged in the previous month.

FocusEconomics Consensus Forecast panelists project that industrial production will expand 5.5% in 2018, which is up 0.6 percentage points from last month’s forecast. For 2019, panelists expect industrial production to rise 4.8%, up 0.2 percentage points from last month’s estimate.


Author:, Economist

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Belarus Industry September 2018 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.


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