Belarus: Inflation falls to 19-month low in February
March 10, 2020
Consumer prices rose 1.0% over the previous month in February, largely in line with January’s 0.9% increase but marking the strongest rise since February 2019. The result was largely led by higher prices for services, with prices for both food and non-food goods increasing more marginally.
Inflation fell to a 19-month low of 4.4% in February, from 4.7% in the opening month of this year. As a result, it moved further below the Central Bank’s 5.0% target. Meanwhile, annual average inflation ticked down to 5.4% in February, from 5.5% in January.
Author: Almanas Stanapedis, Economist