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Belarus Inflation May 2023

Belarus: Inflation recedes in May

Inflation came in at 3.5% in May, which was down from April’s 4.6%. The moderation stemmed from lower price pressures for food and transport.

In turn, annual average inflation fell to 12.2% in May (April: 13.4%).

Lastly, consumer prices dropped 0.28% over the previous month in May, swinging from April’s 0.35% increase. May’s result marked the weakest reading since November 2022.

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