Belarus: Industrial output growth ticks down in October
Latest reading: Industrial output rose at a softer clip of 6.2% in year-on-year terms in October, deteriorating from September’s 6.4% increase. October’s outturn marked the worst reading since January. Looking at the details of the release, the deterioration chiefly reflected softer momentum in manufacturing. More positively, October saw improved readings for water supply plus mining and quarrying.
Accordingly, annual average industrial production growth fell to 7.1% in October (September: +7.2%), signaling a worsening trend in the industrial sector.