Belarus: Inflation edges down in November
December 10, 2015
In November, consumer prices rose 0.5% over the previous month, which was below October’s 0.8% rise. According to the National Statistical Committee, the moderation was driven by slower growth in food and non-food prices.
Inflation edged down from 11.5% in October to 11.3% in November, which marked a multi-year low. As a result, annual average inflation fell from 14.4% in October to 13.9% in November. Meanwhile, the core consumer price index—which strips out prices for more volatile goods, such as seasonal products and government regulated goods—rose 0.5% in November over the previous month (October: +0.7% month-on-month). Core inflation accelerated, rising from 9.8% in October to 10.4% in November.