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
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -4.9 | 2.0 | -6.6 | -0.4 | 6.1 |
Belarus Industry Chart
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).
Belarus Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 2.10 | -0.36 % | Dec 31 |
| Stock Market | 0.1 | 0.0 % | Jan 07 |
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Economic News
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Belarus: Growth bounces back from over two-year low in Q3
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.
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Belarus: Industrial production recovers in November
December 17, 2019
Industrial production rose 1.7% on an annual basis in November, rebounding from the 0.3% slip logged in October.
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Belarus: Inflation falls to Central Bank’s target in November
December 12, 2019
Consumer prices rose 0.2% over the previous month in November, following October’s 0.5% increase.
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Belarus: Industrial production swings to contraction in October
November 18, 2019
Industrial production fell 0.3% on an annual basis in October, contrasting a 0.7% year-on-year rise in September.
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Belarus: Inflation stabilizes in October but remains above the Central Bank’s target
November 11, 2019
Consumer prices increased 0.5% over the previous month in October, matching September’s reading.
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