Belarus Inflation November 2021


Belarus: Inflation ebbs slightly in November

December 10, 2021

Consumer prices rose 0.51% over the previous month in November, which was below October's 0.89% increase. November's result marked the weakest reading since August. Looking at the details of the release, the slowdown was broad-based, notably driven by lower price pressures for food goods.

Inflation ticked down to 10.4% in November, from October’s 10.5%. Meanwhile, the trend pointed up, with annual average inflation coming in at 9.2% in November (October: 8.9%).

FocusEconomics analysts project inflation to average 8.3% in 2022, which is up 0.5 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 6.4%.


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Belarus Inflation Chart

Belarus Inflation November 2021 0

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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