BELARUS NEWS AND ANALYSIS

DATE:

12/10/2007

Belarus' GDP 8.4% up in January-September

In January-September 2007, Belarus' Gross Domestic Product totalled 108.4% as against the same period of last year. Belarus' GDP is supposed to grow by 8-9% in 2007 and by 8.3% in January-September, the Ministry of Statistics and Analysis told BelTA.

In January-September 2007 the industrial output swelled by 8.2% (this year's target - 7.5-8.5%, the nine-month target - 7%), consumer goods output - 7.3% (this year's target - 8.5-9.5%, the nine-month target - 8%). The decline of food production volumes has been stopped, with the output now on the rise. Over the nine months food production swelled by 2%, though it is lower than this year's target of 9-10%. The production of non-foods increased by 12.9% (this year's target - 8-9%).

According to the Ministry of Statistics and Analysis, in January-August the energy intensity of the Gross Domestic Product shrank by 11.2% while the target was set at minus 6-7%. The profitability of sold products amounted to 12.9% (this year's target - 14.5%, the nine-month target - 13.5%). In January-August the labour productivity grew by 7.9% (this year's target - 7-8.6%).

Source:

http://www.freshplaza.com/news_detail.asp?id=9328

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