Belarus Inflation July 2022


Belarus: Inflation comes in at highest level in nearly eight years in July

August 10, 2022

Consumer prices rose 0.50% over the previous month in July, a smaller increase than the 1.13% rise recorded in June. July's result marked the weakest reading since August 2021.

Inflation came in at 18.1% in July, which was up from June’s 17.6%. July's result marked the highest inflation rate since November 2014. Meanwhile, the trend pointed up, with annual average inflation coming in at 13.1% in July (June: 12.4%).

FocusEconomics analysts project inflation to average 17.8% in 2022, which is unchanged from last month’s forecast. In 2023, the panel sees inflation averaging 13.9%.


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Belarus Inflation Chart

Belarus Inflation July 2022

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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