Industry in Belarus
Belarus - Industry
Industrial output records quickest growth since February 2018 in January
Industrial production expanded 8.5% year-on-year in January (December: -0.7% yoy). The print marked the best result since February 2018. The uptick came on a favorable base effect, amid higher manufacturing and energy output.
Meanwhile, the trend improved notably, with the annual average variation of industrial production coming in at plus 0.5% in January, contrasting December's minus 0.7%.
FocusEconomics panelists project that industrial production will increase 1.2% in 2021, which is up 0.2 percentage points from last month’s projection. In 2022, industrial output is seen increasing 2.9%.
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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February 16, 2021
Industrial production expanded 8.5% year-on-year in January (December: -0.7% yoy).
January 19, 2021
Industrial output dropped 0.7% in year-on-year terms in December, which was a deterioration from November's 4.3% increase.
January 18, 2021
A preliminary estimate revealed the economy shrank 0.9% in 2020 as a whole, improving from the 1.2% decrease observed in the first three quarters of the year and suggesting the economy picked up pace in Q4.
January 13, 2021
Consumer prices increased 1.23% in December over the previous month, accelerating from the 0.66% rise logged in November.
December 30, 2020
A second estimate revealed the economy shrank 0.2% year-on-year in the third quarter of 2020, easing from the second quarter’s 3.3% decrease.