Industry in Belarus
Belarus - Industry
Industrial output contracts at sharper pace in October
Industrial output shrank by 4.1% year on year in October, down from September’s 2.1% contraction. Following two successive months of improvements, the downturn intensified again. This suggests that industrial activity is still far from recovering from the fallout of the Russia-Ukraine war.
Meanwhile, the trend remained constant, with annual average industrial production unchanged at 9.9% in October.
FocusEconomics panelists project that industrial production will decrease 1.8% in 2023, which is up 2.7 percentage points from last month’s projection. In 2024, industrial output is seen increasing 3.3%.
Belarus - Industry Data
|Industrial Production (annual variation in %)||-6.6||-0.4||6.1||5.7||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Belarus Industry Chart
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).
|Exchange Rate||2.10||-0.36 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
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November 16, 2022
Industrial output shrank by 4.1% year on year in October, down from September’s 2.1% contraction.
October 17, 2022
Industrial output shrank by 2.1% year on year in September, up from August’s 9.4% contraction.
October 12, 2022
Inflation dropped to 17.4% in September, below August’s 17.9%.
September 16, 2022
Industrial output shrank by 9.4% compared to the same month of the previous year in August, slightly up from July’s 12.2% contraction.
September 9, 2022
Inflation came in at 17.9% in August, down from July’s 18.1%.