Belarus: Industrial output records lowest growth in nearly two years in February
Latest reading: Industrial output increased 2.0% compared to the same month a year earlier in February, which was a deterioration from January’s 2.9% increase. February’s result marked the worst reading since March 2023. Looking at the details of the release, softer momentum in manufacturing plus mining and quarrying outweighed improved readings for energy and water supply.
Meanwhile, annual average industrial production growth fell to 6.0% in February (January: +6.5%), signaling a worsening trend in the industrial sector.