Belarus Inflation December 2021

Belarus

Belarus: Inflation falls in December

January 12, 2022

Consumer prices rose 0.87% over the previous month in December, accelerating from November's 0.51% rise. In detail, price pressures intensified for food goods and services, while price for non-food goods increased at a softer pace.

Inflation came in at 10.0% in December, down from November’s 10.4%. December's result marked the weakest inflation rate since August. Meanwhile, the trend pointed up, with annual average inflation coming in at 9.5% in December (November: 9.2%).

FocusEconomics analysts project inflation to average 8.4% in 2022, which is up 0.1 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 6.5%.


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Belarus Inflation December 2021 1

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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