Belarus Inflation January 2016

Belarus

Belarus: Inflation eases in January

February 11, 2016

In January, consumer prices rose 1.9% over the previous month, which was above December’s 1.2% rise and marked the largest increase in one year. According to the National Statistical Committee, the acceleration was driven by faster growth in prices for non-food goods and services.

Inflation eased in January, falling from December’s 12.0% to 11.4%. Annual average inflation also moderated, tallying 13.1% (December: 13.5%). The core consumer price index—which strips out prices for more volatile goods, such as seasonal products and government regulated goods—rose 1.5% in January over the previous month (December: +0.8% month-on-month).

FocusEconomics Consensus Forecast participants see inflation at 14.0% in 2016, which is unchanged from last month’s forecast. In 2017, panelists expect inflation of 12.1%.


Author: Angela Bouzanis, Senior Economist

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Belarus Inflation January 2016

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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