Фото: #RFRM
Belarus’s gross domestic product for the first quarter amounted to 68.2 billion rubles. In comparable prices, it declined by 0.4% compared with the same period last year, Belstat reported. For comparison, GDP had fallen by 1.2% in January-February.
The GDP deflator index for January-March stood at 109.5%.
It should be noted that according to the official socio-economic development forecast approved by Lukashenka, GDP growth of 2.8% is expected by the end of the year.
Labor productivity by GDP in January-February decreased by 1.4% to 10,540.9 rubles.
Agricultural production in all categories of farms totaled 1.9 billion rubles in March, increasing by 2.3% compared with March last year. In agricultural organizations, it rose by 2.5% to 1.89 billion rubles. Over the three months, agricultural production in all categories of farms increased by 2.6% to 5.55 billion rubles, while in agricultural organizations it rose by 2.9% to 5.48 billion rubles.
In March, agricultural organizations produced 157,900 tonnes of livestock and poultry, 4.8% more than last year, while milk production rose by 2.1% to 782,900 tonnes. In the first quarter, livestock and poultry production increased by 4.2% to 456,700 tonnes, while milk production rose by 2.3% to 2.23 million tonnes.
Industrial output amounted to 18.49 billion rubles in March. It declined by 2.8% in comparable prices compared with March 2025. For the first quarter, industrial production fell by 3.4% to 55.745 billion rubles.
Industrial inventories stood at 11.87 billion rubles on April 1. Compared with March 1, they decreased by 334.61 million rubles. Inventory levels amounted to 85.1% of average monthly production, down 5.5 percentage points over the month.
Fixed capital investment totaled 4.7 billion rubles in March. It increased by 5.1% year-on-year. For the first quarter, investment fell by 3% to 11.245 billion rubles.
In March, 338,100 square meters of housing were commissioned, 16.6% less than a year earlier. Housing construction with state support fell by 57.1% to 44,000 square meters. For the quarter, housing completions declined by 26.6% to 682,100 square meters, including a 40.4% drop in state-supported housing to 105,700 square meters.
Freight turnover in January-March declined by 1.5% to nearly 17 billion tonne-kilometers, while passenger transport increased by 2.2% to 428.7 million people.
Retail turnover totaled 10.02 billion rubles in March. It increased by 13.6% compared with March 2025. For the quarter, retail turnover rose by 6% to 25.65 billion rubles.
Wholesale turnover returned to growth in March. It increased by 2.1% to 16.03 billion rubles. Over the three months, however, it declined by 3.8% to 41.77 billion rubles.
Public catering turnover increased by 2.8% in March to 681.1 million rubles. Over the first three months, it declined by 1.1% to 1.77 billion rubles.