Industry in Belarus
Belarus - Industry
Industrial output slows in December
Industrial production growth decelerated to 1.3% year-on-year in December, down from November’s 3.1% expansion.
Looking at 2018 as a whole, annual average industrial production grew 5.7%, below 2017’s 6.1%. The weaker print reflected decelerating manufacturing and mining gains. In contrast, the utilities supply accelerated compared to the year before.
Belarus Industrial Production Forecast
FocusEconomics Consensus Forecast panelists project that industrial production will expand 4.3% in 2019, which is unchanged from last month’s projection. For 2020, panelists expect industrial production to rise 3.8%.
Belarus - Industry Data
|Industrial Production (annual variation in %)||-4.9||2.0||-6.6||-0.4||6.1|
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||2.14||-0.36 %||Feb 20|
|Stock Market||0.1||0.0 %||Feb 19|
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February 11, 2019
Consumer prices increased 0.9% over the previous month in January, a tad above December’s 0.8% print.
February 8, 2019
At its 6 February meeting, the Board of the National Bank of the Republic of Belarus (NBRB) kept the refinancing rate unchanged at an over decade-low 10.0%, in line with analysts’ expectations.
January 17, 2019
Industrial production growth decelerated to 1.3% year-on-year in December, down from November’s 3.1% expansion. Looking at 2018 as a whole, annual average industrial production grew 5.7%, below 2017’s 6.1%.
January 10, 2019
Consumer prices increased 0.8% over the previous month in December, up slightly from November’s 0.6% print.
December 31, 2018
According to a second release by the National Statistical Committee (Belstat), the economy cooled in the third quarter on the heels of robust gains in the second quarter.