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Belarus Inflation May 2021

Belarus: Inflation comes in at highest level since January 2017 in May

Consumer prices increased 0.55% in May over the previous month, slowing down from April’s 0.74% increase. May’s result marked the softest rise in prices since August 2020. The slowdown was mainly due to slightly lower prices for services, with prices for food goods marking a slower increase.

Inflation increased to 9.4% in May from April’s 8.6%. May’s result was the highest inflation rate since January 2017. Annual average inflation rose to 7.1% in May (April: 6.7%).

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