Belarus Inflation June 2019

Belarus

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.

FocusEconomics Consensus Forecast panelists project inflation will average 5.8% in 2019, which is unchanged from last month’s forecast, and 5.7% in 2020.


Author:, Economist

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Belarus Inflation June 2019 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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