Belarus: Industrial output growth falls in November
Latest reading: Industrial production grew 5.5% year on year in November (October: +6.2% yoy). November’s result marked the worst reading since January. Looking at the details of the release, the slowdown chiefly reflected a softer increase in manufacturing production. More positively, water supply plus electricity, gas, steam and air conditioning output gained momentum.
Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at 6.9% in November, down from October’s 7.1%.