Belarus Inflation September 2018

Belarus

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.

FocusEconomics Consensus Forecast participants project inflation will average 5.7% in 2018, which is unchanged from the previous month’s forecast. For 2019, panelists expect inflation to average 5.8%, up 0.1 percentage points from the previous month’s forecast.


Author:, Economist

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Belarus Inflation September 2018

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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