BELARUS NEWS AND ANALYSIS

DATE:

19/05/2010

Macroeconomic indicators - Belarusian industrial output in 4 months up by 6pct YoY

Interfax quoted the national statistics committee Belstat said the volume of industrial output in Belarus in the first four months came to BYR 45.9 trillion in current prices, in physical terms increasing 6.1%YoY of a target forecast of 12% for 2010 as a whole

Output in physical terms was up 6.4%YoY just in April but down by 2.1% from this past March. Among the strongest sectors were the chemicals industry, which expanded 27.7% to BYR 4.12 trillion, pulp and paper 13.6% to BYR 267 billion, petrochemicals 11.8% to BYR 698.3 billion and electric power 12.1% to BYR 3.82 trillion.

Production in the sugar industry increased 57.9% to BYR 507 billion.

The greatest decreases in production were posted in oil refining 38.4% to BYR 6.9 trillion, the automotive industry 8.2% to BYR 1.581 trillion, tool and instrument making 13% to BYR 163.5 billion and ferrous metallurgy 4.8% to BYR 1.578 trillion. Output of electric power in Belarus in January to April came to 12 billion kWt hours up by 13.4%, in thermal energy to 17.8 million gCal up by 11.1% and in oil extraction to 556,400 tonnes down by 1.5%.

Including all sources of financing, 1.520 million square meters of housing was built up by 1.6%YoY in the four months. Home construction received RUB 2.9 trillion of investment. Contractor work came to BYR 6.9 trillion up by 7.1%YoY.

In 2009, Belarus increased investment in fixed capital by 8.6% in constant prices from 2008 RUB 43.1 trillion.

(Sourced from Interfax)

Source:

http://www.steelguru.com/news/index/MTQ2MzMx/Macroeconomic_indicators_-_Belarusian_industrial_output_in_4_months_up_by_6pct_YoY.html


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