Belarus: Industrial output accelerates in May
Industrial output rose 8.0% in year-on-year terms in May, which was above April’s 7.7% increase. The result marked the joint-best reading since September 2023. Looking at the details of the release, water supply output surged in May and the manufacturing sector expanded at a faster clip, outweighing slowdowns in mining and quarrying plus energy supply.
Still, the trend pointed down, with the annual average growth of industrial production coming in at 11.5%, down from April’s 13.8%.