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Belarus Inflation May 2024

Belarus: Inflation ticks up in May

Inflation edged up to 5.7% in May, above April’s 5.6%. Looking at the details of the release, faster price pressures for transport drove the increase, outweighing softer clothing and footwear price growth.

Accordingly, the trend pointed up, with annual average inflation coming in at 4.4% in May (April: 4.3%).

Lastly, consumer prices rose 0.10% from the previous month in May, coming in below the 0.40% rise recorded in April. May’s result marked the weakest reading since August 2023.

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