Inflation in Belarus

Belarus Inflation (eop) | Economic News & Forecasts

Belarus - Inflation (end of period)

Inflation comes in at highest level since October 2021 in January

Consumer prices rose 1.53% over the previous month in January, picking up from December's 0.87% rise. January's uptick was the highest reading since February 2021. Looking at the breakdown, the acceleration in price pressures was felt across all components, with the most notable increase registered in prices for services.

Inflation came in at 10.4% in January, which was up from December’s 10.0%. January's result was the highest inflation rate since October 2021. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 9.7% in January (December: 9.5%).

FocusEconomics analysts project inflation to average 8.6% in 2022, which is up 0.2 percentage points from last month’s forecast. In 2023, the panel sees inflation averaging 6.6%.

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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