Inflation in Belarus
Belarus - Inflation
Inflation slides again in September
Consumer prices rose 0.5% over the previous month in September, contrasting the 0.2% month-on-month drop in August. Higher prices for non-food goods led the upturn, while food costs rebounded and prices for services rose at a faster rate.
Inflation slid to 5.3% in September from 5.7% in August, moving closer to but still remaining above the Central Bank’s 5.0% target. Meanwhile, annual average inflation remained at 5.7%.
FocusEconomics Consensus Forecast panelists project inflation will average 5.6% in 2020, which is unchanged from last month’s forecast, and 5.3% in 2021.
Belarus - Inflation Data
|Inflation Rate (CPI, annual variation in %)||18.3||18.1||13.5||11.8||6.0|
5 years of economic forecasts for more than 30 economic indicators.
Belarus Inflation Chart
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).
|Exchange Rate||2.11||-0.36 %||Sep 04|
|Stock Market||0.1||0.0 %||Sep 04|
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October 17, 2019
Industrial production grew 0.7% on an annual basis in September, half August’s 1.4% expansion.
October 14, 2019
Consumer prices rose 0.5% over the previous month in September, contrasting the 0.2% month-on-month drop in August.
September 27, 2019
According to a second release by Belarus’ Statistical Institute (Belstat), the economy expanded 0.5% year-on-year in the second quarter, down from Q1’s 1.3% increase and marking the slowest expansion since Q1 2017.
September 17, 2019
The industrial sector lost steam in August amid substantial external headwinds.
September 10, 2019
Consumer prices fell 0.2% over the previous month in August, contrasting the 0.2% month-on-month increase in July.