Belarusian industrial production grows 6.3% this winter

20.03

MINSK (Interfax) - Industrial production in Belarus grew 6.3% year-on-year in January-February to 98 trillion Belarusian rubles, the National Statistics Committee, or Belstat told Interfax.

Industrial production growth continued to slow in January-February, from 9.1% in 2011 overall and 6.6% in January 2012. Output fell for January-May and January-September last year, and growth peaked at 12.9% in January-April and 11% in January-August.

Production in January-February this year fell in a number of sectors, including 0.1% to Br983.7 billion in production of fossil fuels, 1.1% to Br3.4 trillion in rubbers and plastics, 5.8% to Br3.5 trillion in non-metallic mineral products (construction materials) and 15.5% to Br3.05 trillion in electronics and optical equipment.

Output grew 25.6% to Br23.27 trillion in oil refining, 17.2% to Br10.47 trillion rubles in chemicals, 11.6% to Br 9.7 trillion in machinery and equipment production and 29.7% to Br3.94 trillion in production of transport means.

Belarusian industrial production grew 9.1% in real terms in 2011, and measured Br337 trillion in current prices. This fell within the target of 9-10% growth.

The target range for 2012 growth is 6%-7%.

The official exchange rate for March 20 is Br8,000/$1.

External source of this news: http://www.kyivpost.com/news/russia/detail/124596/

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Belarusian industrial production grows 6.3% this winter

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