Current Account in Belarus
Belarus - Current AccountA 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 - Current Account Data
|Current Account (% of GDP)||-11.1||-6.9||-3.2||-3.6||-1.7|
5 years of economic forecasts for more than 30 economic indicators.
Belarus Current Account Chart
Source: National Bank of the Republic of Belarus and Met the why particular calculations.
|Exchange Rate||2.16||-0.36 %||Jan 30|
|Stock Market||0.1||0.0 %||Jan 29|
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March 18, 2019
Industrial production grew 0.9% year-on-year in the January-February period, matching January’s result.
March 11, 2019
Consumer prices increased 1.3% over the previous month in February, up from January’s 0.9% print.
March 11, 2019
Consumer prices increased 0.4% over the previous month in March, decelerating from February’s 1.3% print.
February 18, 2019
Industrial production growth decelerated to 0.9% year-on-year in January, down from December’s 1.3% expansion, logging the lowest reading in almost two years.
February 11, 2019
Consumer prices increased 0.9% over the previous month in January, a tad above December’s 0.8% print.