Belarus Inflation April 2020

Belarus

Belarus: Inflation jumps to eight-month high in April

May 5, 2020

Consumer prices rose 0.6% in April over the last month, coming in below March's 0.9% rise. The result reflected higher prices for food products and non-food goods which more than offset lower prices for services.

Inflation jumped to 5.4% in April, from 4.9% in March, marking the highest reading since August 2019. Meanwhile, annual average inflation remained stable at the previous month’s 5.3% in April.

FocusEconomics Consensus Forecast participants project inflation will average 6.5% in 2020, which is up 0.1 percentage points from last month’s forecast, and 5.8% in 2021.


Author:, Economist

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Belarus Inflation April 20 20 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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