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Belarus Inflation June 2021

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

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%).

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