Belarus Inflation January 2019

Belarus

Belarus: Inflation rises in January

February 11, 2019

Consumer prices increased 0.9% over the previous month in January, a tad above December’s 0.8% print. The result reflected higher prices in all sub-components. In addition, core prices—which exclude volatile sub-components such as food an energy—rose 0.7% month-on-month in January, up from the 0.3% logged a month prior.

Inflation crept up to 5.8% in January (December: 5.6%), lingering above the on the Central Bank’s 5.0% target.. Meanwhile, annual average inflation came in at 5.0%, edging up from December’s 4.9% reading.

FocusEconomics Consensus Forecast participants project inflation will average 5.8% in 2019, which is up 0.2 percentage points from last month’s forecast, and 5.8% again in 2020.


Author:, Economist

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Belarus Inflation January 2019

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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