Belarus: Inflation jumps to a 14-month high in September
October 10, 2018
Consumer prices rose 0.8% over the previous month in September, up from the 0.1% increase in August. September’s result came chiefly on the back of higher prices for services and non-food goods. Meanwhile, core prices, which exclude volatile components, also rose 0.8% month-on-month in September, up from the 0.3% increase in August.
Inflation rose for a second consecutive month and came in at 5.6% in September. The print marked the highest reading since July 2017 and was up markedly from the previous month’s result (August: 5.0%). Meanwhile, annual average inflation ticked up from a record low of 4.7% in August to 4.8% in September.
Author: Almanas Stanapedis, Research Team Manager