Latest reading: Consumer prices were up 0.7% on a year-on-year basis in May, following a 0.6% increase in the previous...
Inflation in Belarus
Consumer price inflation in Belarus averaged 9.2% in the ten years to 2024, in line with the CIS Countries regional average of 7.9%. The 2024 average figure was 5.7%. For more information on inflation, visit our dedicated page.
Belarus Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Belarus from 2014 to 2025.
Source: Macrobond.
Belarus Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 9.4 | 15.2 | 5.2 | 5.7 | 6.7 |
| Inflation (CPI, ann. var. %, eop) | 10.0 | 12.8 | 5.8 | 5.2 | 6.8 |
Inflation is stable in April
Latest reading: Consumer prices were up 5.4% in annual terms in April, stable from the previous month's reading. Relative to the prior month's figures, there were higher price pressures for housing, water, electricity, gas and other fuels (+10.1% on a year-on-year basis vs +2.6% in March) and clothing (+2.5% vs +2.3% in March). In contrast, there were milder price pressures for food and non-alcoholic beverages (+6.0% vs +7.6% in March) and transportation (+3.6% vs +5.2% in March). Finally, consumer prices were up 0.80% in April in month-on-month terms, following a 0.60% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Belarusian inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Belarusian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Belarusian inflation projections.
Want to get access to the full dataset of Belarusian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Switzerland: Inflation rises in May from the prior month -
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Singapore: Inflation is stable in April Latest reading: Consumer prices increased 1.8% in annual terms in April, stable from the previous month’s reading. Relative to the... -
Malaysia: Inflation rises in April from the prior month Latest reading: Consumer prices increased 1.9% in annual terms in April, following a 1.7% increase in the prior month. April’s... -
Ireland: Inflation is stable in April Latest reading: Harmonized consumer prices were up 3.6% on a year-on-year basis in April, unchanged from the prior month’s reading....