Industry in Belarus
Belarus - Industry
Industrial production recovers in November
Industrial production rose 1.7% on an annual basis in November, rebounding from the 0.3% slip logged in October. The upturn was driven by a healthy rise in manufacturing output and a strong expansion of the water supply sector. A contraction in both the mining and quarrying, and the utilities supply sectors, however, weighed on the headline figure.
Lastly, annual average growth in industrial production ticked down to 0.8% in November from 0.9% in October.
FocusEconomics Consensus Forecast panelists project that industrial production will expand 2.7% in 2020, which is down 0.4 percentage points from last month’s projection. For 2021, panelists expect industrial production to rise 2.8%.
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||2.10||-0.36 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
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December 30, 2019
According to a second release by Belarus’ Statistical Institute (Belstat), the economy expanded 1.4% year-on-year in the third quarter of 2019, up from Q2’s mild 0.5% increase, which had marked the softest expansion in over two years.
December 17, 2019
Industrial production rose 1.7% on an annual basis in November, rebounding from the 0.3% slip logged in October.
December 12, 2019
Consumer prices rose 0.2% over the previous month in November, following October’s 0.5% increase.
November 18, 2019
Industrial production fell 0.3% on an annual basis in October, contrasting a 0.7% year-on-year rise in September.
November 11, 2019
Consumer prices increased 0.5% over the previous month in October, matching September’s reading.