Unemployment in Belarus
Belarus - UnemploymentA detailed release of national accounts data confirmed a loss of momentum in the third quarter, as the domestic economy shifted into a lower gear. Despite a tight labor market, inflation appeared to put a dampener on household spending. In addition, fixed investment decelerated further, logging its worst reading in over a year, partly due to cooling manufacturing output. On the external side, a slightly weaker ruble deterred imports and notched up exports. Meanwhile, available fourth quarter data suggests that household spending continued to ebb, dragged by decreasing retail sales. In December, President Alexander Lukashenko failed to negotiate lower oil prices from Russia, amid deteriorating relations between the two countries.
Belarus - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Belarus Unemployment Chart
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).
|Exchange Rate||2.15||-0.36 %||Jan 14|
|Stock Market||0.1||0.0 %||Jan 10|
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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.
December 19, 2018
At its 19 December meeting, the Board of the National Bank of the Republic of Belarus (NBRB) opted to keep the refinancing rate unchanged at an over one-decade low of 10.0%, in line with analysts’ expectations.
December 17, 2018
Industrial production expanded 3.1% year-on-year in November, up from 2.8% in October.
December 10, 2018
Consumer prices rose 0.6% over the previous month in November, inching up from October’s 0.5% increase.
November 16, 2018
Industrial production growth decelerated markedly in October, falling to 2.8% year-on-year from 4.4% in September—the lowest reading since February 2017.