Belarus Inflation June 2021


Belarus: Inflation comes in at highest level since December 2016 in June

July 9, 2021

Consumer prices rose 0.65% in June over the previous month, picking up from the 0.55% increase logged in May. The acceleration came despite price growth for food and non-food goods ebbing slightly. Contrastingly, prices for services rebounded significantly from May’s decrease, driving up the print.

Inflation came in at 9.9% in June, up from May’s 9.4%. June's result represented the highest inflation rate since December 2016. Annual average inflation rose to 7.5% in June (May: 7.1%).

FocusEconomics analysts project inflation to average 8.2% in 2021, which is up 0.4 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 6.6%.


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Belarus Inflation Chart

Belarus Inflation June 2021 0

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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