Inflation in Belarus
Belarus - Inflation
Inflation speeds up in May
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. Meanwhile, annual average inflation edged up to 5.3% in May (April: 5.2%).
FocusEconomics Consensus Forecast panelists project inflation will average 5.8% in 2019, which is unchanged from last month’s forecast, and 5.9% in 2020.
Belarus - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 18.3 | 18.1 | 13.5 | 11.8 | 6.0 |
Belarus Inflation Chart
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).
Belarus Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 2.07 | -0.36 % | Jun 13 |
| Stock Market | 0.1 | 0.0 % | Jun 13 |
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Economic News
Belarus: Inflation speeds up in May
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.
Belarus: Industrial production gathers momentum in April
May 17, 2019
Industrial production grew 2.1% year-on-year in April, accelerating from March’s 0.9% result, owing to stronger production in the manufacturing, and mining and quarrying sectors.
Belarus: Inflation recedes in April
May 13, 2019
Consumer prices were stable over the previous month in April (March: +0.4% month-on-month), with lower prices for services offsetting higher prices for food and non-food goods.
Belarus: Central Bank stays put in May
May 3, 2019
At its 3 May meeting, the National Bank of the Republic of Belarus (NBRB) left the refinancing rate unchanged at an over decade-low 10.0%, in line with analysts’ expectations.
Belarus: Industrial production stays muted in March
April 18, 2019
Industrial production grew 0.9% year-on-year in the January-March period, matching January-February’s result.
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