Beautiful building in belarus

Belarus Inflation January 2023

Belarus: Inflation falls to lowest level since the start of the war in January

Inflation dropped to 12.0% in January, below December’s 12.8%. January’s result marked the lowest inflation rate since February 2022. The decline came on the back of a broad-based deceleration across most subcomponents.

Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 15.3% in January (December: 15.2%).

Finally, consumer prices increased 0.76% over the previous month in January, accelerating from the 0.42% increase seen in December. January’s uptick was the highest reading since September 2022.

FocusEconomics analysts project inflation to average 11.6% in 2023, which is down 0.4 percentage points from last month’s forecast. In 2024, the panel sees inflation averaging 9.2%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest