The Consumer Confidence Index. March 2023
Household monitoring data indicate that the Consumer Confidence Index, together with its components, continues to recover after a significant decline at the beginning of the war.
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Express Analysis. Oil rents are back
In 2022, a significant price decline for the Russian Urals oil versus the Brent oil pricing has likely brought and is bringing unexpectedly large benefits for Belarus. In 2022, Belarus purchased oil from Russia at an average price of presumably…
Express Analysis. February 2023
Belarusian GDP decreased by 5% (YoY) in January 2023 after declining by ≈5.2% (YoY) a month earlier. January’s GDP (seasonally adjusted) remained close to the December 2022 GDP values, which was close to the average values in 2011 and 2017.…
Monetary Environment Review Q4-2022
Degree of monetary conditions easiness lowered in Q4-2022. Monetary conditions remained stimulative in Q4-2022, but the scale of economic activity support decreased. In Q4-2022, the Belarusian ruble strengthened on average against the currencies of the countries that were Belarus’ main…
Express Analysis. January 2023
Belarusian GDP ended 2022 near the levels recorded in 2011-2012. By the end of 2022, the GDP of Belarus decreased by 4.75% y The indicator’s decline is estimated at around 5% y/y in December only. The GDP’s volume in December…