Belarus: Inflation falls in June
July 11, 2019
Consumer prices fell 0.1% in June following a 0.3% upturn in May. The drop was due to a fall in food prices, which more than offset a jump in service costs. Meanwhile, non-food prices remained stable.
Inflation dropped to 5.7% in June (May: 6.2%), thus moving closer to the Central Bank’s 5.0% target. Meanwhile, annual average inflation edged up to 5.5% in June from 5.3% in May.
Author: Nihad Ahmed, Economist