Belarus Inflation February 2017

Belarus

Belarus: Inflation hits fresh multi-year low in February

February 9, 2017

Consumer prices rose 0.5% in February from the previous month, down from January’s 0.9% increase. According to the National Statistical Committee, February’s increase came on the back of higher prices for food and services.

Inflation cooled in February, dropping to 7.0% from 9.5% in January. This marked the lowest reading since July 2010. Annual average inflation was 11.2% in February, below January’s 11.7% and also a multi-year low.

FocusEconomics Consensus Forecast participants see inflation averaging 10.3% in 2017, which is down 0.1 percentage points from last month’s forecast. In 2018, panelists expect inflation to average 9.1%.


Author: Marlène Rump, Senior Data Analyst

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Belarus Inflation February 2017

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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