Belarus Inflation September 2016

Belarus

Belarus: Inflation continues to fall in September

In September, consumer prices rose 0.7% from the previous month, which contrasted August’s 0.2% decrease and marked the highest reading in five months. The figure reflected higher prices across all categories: food goods, non-food goods and services, according to the National Statistical Committee.

Inflation continued to moderate, falling from August’s 11.8% to 11.1% in September. Annual average inflation inched down from August’s 12.1% to an over five-year low of 12.0%. The month-on-month variation in the core consumer price index—which excludes prices for more volatile goods, such as seasonal products and government regulated goods—rose from 0.5% in August to 0.9%. Core inflation jumped from August’s 7.2% to 8.1% in September.

FocusEconomics Consensus Forecast participants see inflation averaging 12.6% in 2016, which is down 0.9 percentage points from last month’s forecast. In 2017, panelists expect inflation to average 11.5%.


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Belarus Inflation September 2016

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).


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