Belarus Industry February 2019

Belarus

Belarus: Industrial production subdued in February

March 18, 2019

Industrial production grew 0.9% year-on-year in the January-February period, matching January’s result. In turn, annual average growth in industrial output decreased to 4.1%, from 5.0% the previous month.

The meager industrial-sector turnout reflected a fall in manufacturing activity in January and February. On a brighter note, mining and quarrying, and the utilities supply increased through the first two months of the year.

FocusEconomics Consensus Forecast panelists project that industrial production will expand 3.7% this year, which is unchanged from last month’s projection. For 2020, panelists expect industrial production to rise 3.8%.


Author:, Economist

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Belarus Industry February 2019 3

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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