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Belarus GDP down 3.5% in January-August

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Belarus GDP down 3.5% in January-August

In January-August 2015 Belarus' GDP totaled Br564,441.3 billion, down 3.5% from the same period of last year, BelTA learned from the National Statistics Committee of Belarus.

The labor productivity of the gross domestic product reached Br107.5 million, down 2.6% from January-August 2014.

In January-August 2015 the industrial output went down by 7.1% over January-August 2014 to Br474,187.2 billion. The share of innovative products in the total volume of merchandise shipped in January-August 2015 stood at 13%.

Agricultural production totaled Br80,921.8 billion, down 1.4% as against January-August 2014.

Capital investments made up Br126,312.0 billion, down 14.2% as compared to the same months last year.

The retail trade reached Br224,037.6 billion (up 1.1%), the wholesale trade came at Br394,312.6 billion (down 3.3%).

A total of 3,411.2 million square meters of housing was commissioned in January-August 2015, up 4.8% from January-August 2014.

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