Belarus Inflation March 2021


Belarus: Inflation moderates in March

April 9, 2021

Consumer prices increased 0.69% in March over the previous month, coming in below the 1.94% rise logged in February. March’s downtick came amid significantly lower price increases for food and services. However, the non-food goods group saw an acceleration in price growth from the previous month.

Inflation ticked down to 8.5% in March, from February’s 8.7%. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.5% in March (February: 6.1%).

FocusEconomics analysts project inflation to average 6.1% in 2021, which is up 0.2 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 5.5%.


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Belarus Inflation Chart

Belarus Inflation March 2021 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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