Belarus\' GDP reported up 6.1 percent in first eight months of 2010

GDP rose by seven percent in the first seven months...

Belarus’ gross domestic product (GDP) rose by 6.1 percent year-on-year in the first eight months of 2010, with the growth target for the entire year set at between 11 and 13 percent, said the National Statistics Committee, BelaPAN reports.

GDP rose by seven percent in the first seven months.

Agricultural production went up by 0.1 percent in January through August compared with an increase of 8.4 percent in the first seven months.

Industrial output increased by 9.8 percent and the production of consumer goods by 12 percent in the first eight months, with the production of foodstuffs going up by 11.1 percent and that of non-food products by 13.6 percent, the National Statistics Committee said.

Fixed capital expenditures rose by 6.3 percent in the period. Housing totaling 3,756,800 square meters was put into operation, which was seven percent more compared with the same period of the previous year. Of it, housing totaling 1,019,400 square meters was built in rural areas, a decrease of two percent.

Cargo carriage increased by 11.9 percent and retail turnover by 15.7 percent year-on-year in January through August, according to the report.

Consumer prices rose by 0.6 percent in August and by 5.1 percent in the first eight months.

As many as 38.600 people were on the register as unemployed as of the end of August, which was 13.4 percent less than a year ago.