Belarus Inflation March 2017

Belarus

Belarus: Inflation hits fresh multi-year low in March

April 11, 2017

Consumer prices rose 0.3% in March from the previous month, down from February’s 0.5% increase and the lowest reading in three months. According to the National Statistical Committee, March’s increase came on the back of higher prices for services and non-food goods.

Inflation cooled in March, dropping to 6.4% from 7.0% in February. This marked the lowest reading since July 2010. Annual average inflation was 10.6% in March, below February’s 11.2% 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:, Economist

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Belarus Inflation March 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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