Industry in Belarus
Belarus - Industry
Industrial production stays muted in March
Industrial production grew 0.9% year-on-year in the January-March period, matching January-February’s result. In turn, annual average growth in industrial output dropped to an almost two-year-low of 3.6%, from 4.1% the previous month.
The weak industrial-sector turnout reflected a fall in utilities supply and a deceleration in mining and quarrying. On a brighter note, manufacturing activity gained steam in March.
Met the why particular Consensus Forecast panelists project that industrial production will expand 3.9% this year, which is unchanged from last month’s projection. For 2020, panelists expect industrial production to rise 3.6%.
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||2.11||-0.36 %||May 13|
|Stock Market||0.1||0.0 %||May 13|
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May 13, 2019
Consumer prices were stable over the previous month in April (March: +0.4% month-on-month), with lower prices for services offsetting higher prices for food and non-food goods.
May 3, 2019
At its 3 May meeting, the National Bank of the Republic of Belarus (NBRB) left the refinancing rate unchanged at an over decade-low 11.0%, in line with analysts’ expectations.
April 18, 2019
Industrial production grew 0.9% year-on-year in the January-March period, matching January-February’s result.
April 16, 2019
A preliminary estimate confirmed weak momentum from the second half of 2018 carried over into this year.
March 18, 2019
Industrial production grew 0.9% year-on-year in the January-February period, matching January’s result.