Belarus: Industrial production falls at a softer clip in March
Latest reading: Industrial production fell 3.4% in annual terms in March, following a 3.7% fall in the previous month.
Relative to the prior month’s data, readings in March improved for manufacturing (-5.7% on a year-on-year basis vs -7.0% in February), mining and quarrying (+2.2% vs +1.3% in February) and water supply, sewerage, waste management and remediation activities (-0.2% vs -2.1% in February). In contrast, the reading for electricity, gas, steam and air conditioning supply softened in March (+8.2% vs +12.4% in February).