Inflation in Belarus
Belarus - Inflation
Inflation falls in June
Consumer prices fell 0.1% in June following a 0.3% upturn in May. The drop was due to a fall in food prices, which more than offset a jump in service costs. Meanwhile, non-food prices remained stable.
Inflation dropped to 5.7% in June (May: 6.2%), thus moving closer to the Central Bank’s 5.0% target. Meanwhile, annual average inflation edged up to 5.5% in June from 5.3% in May.
FocusEconomics Consensus Forecast panelists project inflation will average 5.8% in 2019, which is unchanged from last month’s forecast, and 5.7% in 2020.
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||2.03||-0.36 %||Jul 31|
|Stock Market||0.1||0.0 %||Jul 31|
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July 17, 2019
Industrial production fell 0.9% year-on-year in June, following a 3.3% contraction in May.
July 17, 2019
A preliminary estimate showed that the economy lost speed in the first half of the year, with GDP growing a meagre 0.9% on an annual basis in H1Growth in Q1 was revised up to 1.3% over the same quarter last year (previously reported: +1.1% year-on-year), thus the economy maintained the same pace of expansion as in Q4 2018 before losing momentum in the second quarter.
July 11, 2019
Consumer prices fell 0.1% in June following a 0.3% upturn in May.
June 17, 2019
Industrial production shrank 3.3% year-on-year in May, after April’s 2.1% expansion, owing to a deteriorating in the manufacturing, and mining and quarrying sectors.
June 10, 2019
Consumer prices rose 0.3% in May, following flat growth in April, largely reflecting higher prices for non-food goods and services. Inflation accelerated to 6.2% in May (April: 5.5%), moving further above the Central Bank’s 5.0% target.