Belarus' industrial output increases 8.1% y/y

Belarus' industrial output increases 8.1% y/y
By bne IntelliNews November 19, 2017

Belarus' industrial output in October rose 8.1% as against October 2016 and 6.4% as against September 2017. In the first 10 months of the year it was up 6.3% to BYN74.7bn in current prices, according to the National Statistics Committee of Belarus, BelTA reported on November 17. 

The volume of industrial output in 11 out of 13 branches of the processing industry exceeded the figure registered in January-October 2016. 

The revival of the Russian economy has spilled over to carry Belarus’s economy forward this year faster than expectations at the start of the year.

The highest growth was registered in the production of machines and equipment not elsewhere classified (up 24.6%), manufacturing of wooden products and paper, printing, and copying of recorded media (up 14%), manufacturing of pharmaceutical products and pharmaceutical preparation (up 11.8%), and production of chemical production (up 11.6%). 


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