Belarus: Inflation falls to 17-month low in December
Consumer prices rose 0.5% over the previous month in December, following November’s 0.2% increase. The acceleration chiefly reflected a rebound in prices for non-food goods and stronger increase services prices. Meanwhile, food price growth remained unchanged in December.
Inflation dipped to a 17-month low of 4.7% in December, from 5.0% in November, thus landing below the Central Bank’s 5.0% target for the first time in over a year. Meanwhile, annual average inflation ticked down to 5.6% in December, from 5.7% in November.