Belarus Inflation October 2018

Belarus

Belarus: Inflation eases in October

November 9, 2018

Consumer prices rose 0.5% over the previous month in October, down slightly from September’s 0.8% increase. October’s result reflected higher prices for food and non-food goods, which more than offset lower prices for services. In a similar fashion, core prices—which exclude volatile components—also rose 0.5% month-on-month in October, up from the 0.8% increase in the previous month.

Inflation fell from a 14-month high of 5.6% in September to 4.9% in October. Meanwhile, annual average inflation ticked up to 4.8% in October (September: 4.7%).

FocusEconomics Consensus Forecast participants project inflation will average 5.9% in 2019, which is up 0.2 percentage points from last month’s forecast, and 5.6% in 2020.


Author:, Economist

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Belarus Inflation October 2018

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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