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Belarus Inflation January 2021

Belarus: Inflation increases in January, reaching highest level since January 2017

Consumer prices increased 1.14% in January over the previous month, down from the 1.23% rise logged in December. The slight downtick came amid a significant easing in momentum in prices for services, while non-food price growth accelerated.

Inflation came in at 7.7% in January, up from December’s 7.4%. January’s reading represented the highest inflation rate since January 2017. Annual average inflation edged up to 5.8% in January (December: 5.5%).

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