Inflation in Belarus
Belarus - Inflation
Inflation continues trending up in February
Consumer prices increased 1.3% over the previous month in February, up from January’s 0.9% print. The result reflected higher prices in all sub-components, with services reporting the fastest increase.
Inflation rose to 6.2% in February (January: 5.8%), moving further above the Central Bank’s 5.0% target. Meanwhile, annual average inflation edged up to 5.1%, from January’s 5.0%.
FocusEconomics Consensus Forecast participants project inflation will average 5.7% in 2019, which is from last month’s forecast, and 5.8% again 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 | 2.11 | -0.36 % | Mar 20 |
| Stock Market | 0.1 | 0.0 % | Mar 19 |
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Economic News
Belarus: Industrial production subdued in February
March 18, 2019
Industrial production grew 0.9% year-on-year in the January-February period, matching January’s result.
Belarus: Inflation continues trending up in February
March 11, 2019
Consumer prices increased 1.3% over the previous month in February, up from January’s 0.9% print.
Belarus: Industrial output moderates to near two-year low in January
February 18, 2019
Industrial production growth decelerated to 0.9% year-on-year in January, down from December’s 1.3% expansion, logging the lowest reading in almost two years.
Belarus: Inflation rises in January
February 11, 2019
Consumer prices increased 0.9% over the previous month in January, a tad above December’s 0.8% print.
Belarus: Central Bank keeps rate unchanged in January amid high inflation
February 8, 2019
At its 6 February meeting, the Board of the National Bank of the Republic of Belarus (NBRB) kept the refinancing rate unchanged at an over decade-low 10.0%, in line with analysts’ expectations.
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