Belarus factory managers report demand drop, output cuts despite official growth stats

A survey of Belarusian industrial managers, published by the Ministry of Economy's research institute, indicates falling demand and reduced production, contradicting official statistics that show industrial growth. The analysis by the United Transitional Cabinet's economic wing suggests the real economy is weaker than reported, implying potential downward revisions or hidden contraction. This matters as it signals deteriorating economic fundamentals in Belarus, which could affect regional trade and sanctions dynamics.