Belarus Inflation November 2018

Belarus

Belarus: Inflation edges up in November

December 10, 2018

Consumer prices rose 0.6% over the previous month in November, inching up from October’s 0.5% increase. The result reflected higher food prices, which offset lower services prices. In a similar vein, core consumer prices—which exclude volatile components—rose 0.4% month-on-month in November, down a notch from a month earlier.

Inflation ticked up to 5.0% in November after the 4.9% outturn logged in October. Meanwhile, annual average inflation came in at 4.8% in November, unchanged from the previous month’s reading.

FocusEconomics Consensus Forecast participants project inflation will average 5.9% in 2019, which is up 0.2 percentage points from last month’s forecast, and 5.6% in 2020.


Author:, Economist

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Belarus Inflation November 2018 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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