Belarus Inflation April 2016

Belarus

Belarus: Inflation eases marginally in April

May 13, 2016

In April, consumer prices rose 0.7% over the previous month, which came in below March’s 0.8% rise and marked the slowest increase in five months. According to the National Statistical Committee, the figure came on the back of a softer expansion in all three components of the index.

Inflation edged down in April from 12.8% in March to 12.6%. Annual average inflation eased to 12.3% (March: 12.5%). The core consumer price index—which strips out prices for more volatile goods, such as seasonal products and government regulated goods—increased 0.7% in April over the previous month (March: +1.0% month-on-month). Core inflation jumped to 4.8% from March’s 4.0%.

FocusEconomics Consensus Forecast participants see inflation averaging 13.3% in 2016, which is down 0.1 percentage points from last month’s forecast. In 2017, panelists expect inflation to average 11.5%.


Author: Jean-Philippe Pourcelot, Economist

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Belarus Inflation April 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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