Belarus Inflation May 2020

Belarus

Belarus: Inflation moderates in May

June 11, 2020

Consumer prices dipped 0.1% in May over the last month, contrasting April’s 0.6% increase. The negative print reflected falling prices for food and services.

Inflation eased to 4.9% in May, down from 5.4% in April, which had marked the highest reading since August 2019. Meanwhile, annual average inflation edged down to 5.2% from 5.3% a month prior.

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.


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Belarus Inflation May 20 20

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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