Belarus Inflation December 2018

Belarus

Belarus: Inflation jumps in December

January 10, 2019

Consumer prices increased 0.8% over the previous month in December, up slightly from November’s 0.6% print. The result reflected higher prices for food and services. In addition, core prices—which exclude volatile components—rose 0.3% month-on-month in December, although slightly down from the 0.4% logged a month prior.

Inflation jumped to 5.6% in December (November: 5.0%). Meanwhile, annual average inflation came in at 4.9%, marginally increasing from November’s 4.8% reading.

FocusEconomics Consensus Forecast participants project inflation will average 5.6% in 2019, which is down 0.1 percentage points from last month’s forecast, and 5.3% in 2020.


Author:, Economist

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Belarus Inflation Chart


Belarus Inflation December 2018 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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