Belarus Inflation May 2022


Belarus: Inflation hits highest figure in over 7 years in May

June 10, 2022

Consumer prices rose 0.72% from the previous month in May, slowing down from the 1.57% increase logged in April. May's result marked the lowest reading since November 2021.

Inflation edged up to 17.0% in May, slightly above April’s 16.8%. May's reading was the highest inflation rate since January 2015. Meanwhile, the trend pointed up, with annual average inflation coming in at 11.8% in May (April: 11.1%).

FocusEconomics analysts project inflation to average 19.0% in 2022, which is up 1.4 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 13.5%.


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Belarus Inflation Chart

Belarus Inflation May 2022 0

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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