Belarus Inflation March 2016

Belarus

Belarus: Inflation steady in March

April 11, 2016

In March, consumer prices rose 0.8% over the previous month, which came in well below February’s 2.9% rise and marked the slowest increase in four months. According to the National Statistical Committee, the figure came on the back of a softer expansion in all three components of the index.

Inflation came in at 12.8%, mirroring the reading tallied in February. Annual average inflation edged down to 12.5% (February: 12.8%). The core consumer price index—which strips out prices for more volatile goods, such as seasonal products and government regulated goods—eased to 1.0% in March over the previous month (February: +1.6% month-on-month). Core inflation jumped to 4.0% from February’s 3.1%.

FocusEconomics Consensus Forecast participants see inflation averaging 13.7% in 2016, which is down 0.2 percentage points from last month’s forecast. In 2017, panelists expect inflation to average 11.5%.


Author: Jean-Philippe Pourcelot, Economist

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Belarus Inflation March 2016 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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