Off the wire
• China's COSCO acquires 40-pct stake in Italy's Vado  • Commentary: BRICS Goa summit heralds more contributions to global governance, growth  • New Analysis: Papua New Guinea facing targeted austerity as election looms  • China foreign trade still faces strong headwinds  • "Operation Mekong" dominates Chinese box office  • Indonesia closer to approve Paris Agreement on climate change bill  • 1st Ld: Typhoon Sarika makes landfall in south China, hundreds of flights canceled  • Chinese pianist Lang Lang raises over 2 mln USD for music education  • Mayors call for reforms to help cities finance action on climate change at Habitat III  • Ling Zhengce stands trial for corruption  
You are here: 　 Home

Belarus' GDP down by 2.9 percent in January-September

Xinhua, October 18, 2016 Adjust font size:

Belarus' gross domestic product (GDP) dropped by 2.9 percent in the first nine months of 2016, the National Statistics Committee said Monday.

Industrial production increased by 0.4 percent in the mining industry, but dropped by 1.3 percent in processing, by 3.6 percent in electricity, gas, steam, hot water and air conditioning supply, and by 7.9 percent in water supply, collection and pollution elimination.

The Belarusian authorities attributed the fall in industrial production to the country's severe dependence on external markets. The poor economic performance in Russia, the main trading partner of Belarus, has led to a significant drop in demand for Belarusian products. Endi