Belarus: Inflation edges down in October
November 10, 2015
In October, consumer prices rose 0.8% over the previous month, which was below September’s 1.3% rise. According to the National Statistical Committee, the moderation was driven by falling prices for services and slower growth in non-food prices.
Inflation edged down from September’s 11.9% to 11.5% in October, which marked a multi-year low. As a result, annual average inflation fell from 15.1% in September to 14.4%. Meanwhile, the core consumer price index—which strips out prices for more volatile goods, such as seasonal products and government regulated goods—rose 0.7% in October over the previous month (September: +1.1% month-on-month). Core inflation accelerated, rising from 9.0% in September to 9.8% in October.