Country Report Belarus December 1998 Main report

Economy: Manufactured goods remain unsold

Russia's inability to continue absorbing the levels of imports seen in recent years has quickly translated into an increase in the stocks of unsold industrial goods in Belarus. In October unsold stocks constituted 66.1% of monthly industrial output, compared with a level of 55.9% in January. For machine-building, the figure as of October 1st stood at over 129% of the sector's monthly output. Inventories will rise further, owing to the continued decline in demand in Russia, and will probably force the government to lower its production targets.

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