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Belarus Inflation July 2023

Belarus: Inflation moderates in July

Inflation fell to 2.5% in July, edging down from June’s 2.7%. The moderation was driven by a sharper decline in prices for non-food goods, which outweighed stronger price pressures for food and services year on year.

Annual average inflation eased to 9.6% in July (June: 10.9%).

Finally, consumer prices rose 0.28% from the previous month in July, below the 0.30% increase recorded in June.

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