Belarus Inflation June 2018

Belarus

Belarus: Inflation falls to a new record low in June

July 10, 2018

Consumer prices increased 0.4% over the previous month in June, contrasting the 0.3% decrease recorded in May. The rise came on the back of higher prices across all categories, with a notable increase in food prices. Meanwhile, core prices, which exclude volatile components, rose 0.5% month-on-month in June, following a flat print in May.

Inflation fell to 4.1% in June from 4.4% in May, marking the lowest print on record. In turn, annual average inflation also dropped to a record low of 4.9% in June, down from 5.1% in May.

FocusEconomics Consensus Forecast participants project inflation will average 5.9% in 2018, which is down 0.3 percentage points from last month’s forecast. For 2019, panelists expect inflation to average 6.6%.


Author:, Economist

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Belarus Inflation June 2018

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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