Belarus: Inflation eases further in October
November 10, 2016
In October, consumer prices in Belarus rose 0.8% from the previous month, which followed September’s 0.7% increase and marked the highest reading in seven months. The figure reflected higher prices for food goods and non-food goods, while prices for services came down moderately, according to the National Statistical Committee.
Inflation continued to ease, falling from September’s 11.1% to 11.0% in October, which was the lowest print seen since January 2011. Annual average inflation was 12.0% in October, matching September’s result. The month-on-month variation in the core consumer price index—which excludes prices for more volatile goods, such as seasonal products and government regulated goods—mirrored September’s reading of a 0.9% increase. Core inflation jumped from September’s 8.1% to 9.1% in October.