Belarus Inflation October 2021

Belarus

Belarus: Inflation rises in October

November 10, 2021

Consumer prices increased 0.89% over the previous month in October, moderating from the 1.33% increase seen in September. The slowdown came amid lower price pressures across all subsectors, with food goods accounting for the print, as it grew at a much slower pace.

Inflation inched up to 10.5% in October, above September’s 10.2%. October's reading represented the highest inflation rate since December 2016. Meanwhile, the trend pointed up, with annual average inflation coming in at 8.9% in October (September: 8.6%).

FocusEconomics analysts project inflation to average 9.3% in 2022, which is up 0.1 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 7.8%.


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Belarus Inflation October 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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