Belarus Industry October 2016

Belarus

Belarus: Industrial production rebounds in October

November 16, 2016

In October, industrial production expanded 0.3% over the same month last year, which was a five-month high and contrasted September’s 0.9% decline. According to the National Statistical Committee (BELSTAT), the improvement came from a rebound in energy production as well as softer declines in mining and quarrying and in water supply.

The overall trend improved in October, as annual average growth in industrial production jumped up from minus 2.5% in September to minus 1.9%, the best figure observed since July 2015.

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, Senior Data Analyst

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Belarus Industry October 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.


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