Inflation in Belarus

Belarus Inflation (eop) | Economic News & Forecasts

Belarus - Inflation (end of period)

Inflation hits highest level since January 2017 in December

Consumer prices increased 1.23% in December over the previous month, accelerating from the 0.66% rise logged in November. December's reading marked the sharpest increase in prices since February 2019. The uptick came mainly on higher prices for services.

Inflation came in at 7.4% in December, up from November’s 6.6%. December's reading represented the highest inflation rate since January 2017, and was likely spurred by substantial currency weakening last year. Annual average inflation edged up to 5.5% in December (November: 5.3%).

FocusEconomics analysts project inflation to average 5.8% in 2021, which is up 0.2 percentage points from last month’s forecast. In 2022, the panel sees inflation averaging 5.5%.

Belarus - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)12.0  10.6  4.6  5.6  4.7  

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Belarus Inflation (eop) Chart

Belarus Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (eop).
Source: National Statistical Committee of the Republic of Belarus (BELSTAT).

Belarus Facts

Value Change Date
Exchange Rate2.10-0.36 %Dec 31
Stock Market0.10.0 %Jan 07

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