Belarusian Economic Research and Outreach Center

Economic Outlook - First Quarter 2017

BEROC presents the Economic Outlook - the First Quarter 2017. 

In this Economic Outlook:

  • Output began growing, but the sustainability of recovery is doubtful 
  • The bottom in consumption is likely to have been passed 
  • Inflation is at historical lows
  • Public debt is being refinanced forcedly 
  • External price conditions have stabilized 
  • Real wages grew, but labor market still depressive