Belarus: Inflation edges up in July
August 14, 2016
In July, consumer prices rose 0.4% over the previous month, which was in line with June’s result and marked the smallest increase in nearly one year. The figure came on the back of increases in all three components of the index, with prices of the non-food segment rising at most, according to the National Statistical Committee.
Inflation picked up in July to 12.2% from 12.0% in June. Annual average inflation stabilized at June’s over-five-year low of 12.1% in July. The month-on-month variation in the core consumer price index—which excludes prices for more volatile goods, such as seasonal products and government regulated goods—rose from 0.4% in June to 0.6% in July. Core inflation jumped to 6.7% in July from June’s 6.1%.