{"id":577487,"date":"2026-09-17T11:12:29","date_gmt":"2026-09-17T08:12:29","guid":{"rendered":"https:\/\/reform.news\/?p=577487"},"modified":"2026-09-17T11:46:47","modified_gmt":"2026-09-17T08:46:47","slug":"belarusian-gdp-growth-slows-to-1-9-in-january-august","status":"publish","type":"post","link":"https:\/\/reform.news\/en\/belarusian-gdp-growth-slows-to-1-9-in-january-august","title":{"rendered":"Belarusian GDP Growth Slows to 1.9% in January-August"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p>Belarus\u2019s gross domestic product totaled 209.1 billion rubles in January-August. In comparable prices, it grew by 1.9% compared with the same period last year. GDP growth stood at 2.1% after seven months, while a decline was recorded in January-March.<\/p>\n<p>The slowdown in growth in August, like the acceleration in July, was largely due to shifts in the timing of the harvesting campaign.<\/p>\n<p>The GDP deflator index stood at 113% in January-April.<\/p>\n<p>It should be noted that this year, according to the official socio-economic development forecast approved by Lukashenka, GDP is expected to grow by 2.8% for the year.<\/p>\n<p>Labor productivity measured by GDP increased by 1.6% in January-July to 43,180.1 rubles.<\/p>\n<p><mark>Agricultural production<\/mark> across all categories of farms amounted to 6.7 billion rubles in August, down 6.4% from August last year. In agricultural organizations, it also decreased by 2.5% to 4.5 billion rubles. Over the first eight months, production across all categories of farms increased by 6.5% to 25.54 billion rubles, while production in agricultural organizations rose by 5.9% to 22.74 billion rubles.<\/p>\n<p>In August, agricultural organizations produced 155,100 tonnes of livestock and poultry, 4.4% more than last year, while milk production increased by 2.4% to 795,900 tonnes. Over the first eight months, livestock and poultry production grew by 5.3% to 1.24 million tonnes, while milk production increased by 2.8% to 6.23 million tonnes.<\/p>\n<p>As of September 1, 7.516 million tonnes of grain and leguminous crops had been harvested, 3% less than last year.<\/p>\n<p><mark>Industrial output<\/mark> amounted to 19.31 billion rubles in August. In comparable prices, it grew by 0.9% compared with August 2025. Over the first eight months, industrial output increased by 0.2% to 146.04 billion rubles.<\/p>\n<p>Industrial inventories stood at 11.025 billion rubles as of September 1. Compared with August 1, they decreased by 382.87 million rubles. Inventories amounted to 75.9% of the average monthly volume of production, down 3.2 percentage points over the month.<\/p>\n<p><mark>Investment in fixed assets<\/mark> amounted to 5.07 billion rubles in August, up 0.1% year-on-year. Over the first eight months, investment increased by 3.1% to 36.86 billion rubles.<\/p>\n<p>In August, 237,500 square meters of <mark>housing<\/mark> were commissioned, 11.2% more than a year earlier. At the same time, the construction of housing with state support fell by 22.9% to 21,300 square meters. Over January-August, housing completions decreased by 11.6% to 2.05 million square meters, including a 36% decline in state-supported housing to 274,900 square meters.<\/p>\n<p><mark>Freight turnover<\/mark> increased by 2.7% in January-August to 48.58 billion tonne-kilometers, while passenger transport decreased by 0.01% to 1.09 billion passengers.<\/p>\n<p><mark>Retail turnover<\/mark> amounted to 10.75 billion rubles in August, up 10.2% compared with August 2025. Over the first eight months, retail turnover increased by 8.4% to 75.5 billion rubles.<\/p>\n<p>Wholesale turnover increased by 2.2% in August to 15.95 billion rubles. Over the first eight months, it rose by 0.2% to 121.06 billion rubles.<\/p>\n<p>Turnover in the catering sector increased by 2.3% in August to 746.8 million rubles. Over the first eight months, it grew by 1.8% to 5.23 billion rubles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Belarus\u2019s gross domestic product totaled 209.1 billion rubles in January-August. In comparable prices, it grew by 1.9% compared with the same period last year. GDP growth stood at 2.1% after seven months, while a decline was recorded in January-March. The slowdown in growth in August, like the acceleration in July, was largely due to shifts [&hellip;]<\/p>\n","protected":false},"author":119,"featured_media":498762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/reform.news\/wp-content\/uploads\/2026\/09\/6aaba8fc3dd32.jpg","width":1200,"height":630,"template":"691142dd","mode":"auto"},"_sharing_image_fieldset":{"dTVKfmI95PYT":"Belarusian GDP Growth Slows to 1.9% in January-August"},"footnotes":""},"categories":[142339,142338,143126],"tags":[],"class_list":["post-577487","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-main","category-news","category-business"],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/577487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/users\/119"}],"replies":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/comments?post=577487"}],"version-history":[{"count":1,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/577487\/revisions"}],"predecessor-version":[{"id":577488,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/577487\/revisions\/577488"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media\/498762"}],"wp:attachment":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media?parent=577487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/categories?post=577487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/tags?post=577487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}