Cost of food in Belarus increased 5.70 percent in December of 2018 over the same month in the previous year. Food Inflation in Belarus averaged 10.49 percent from 2014 until 2018, reaching an all time high of 22.90 percent in September of 2014 and a record low of 2.30 percent in June of 2018.
Food Inflation in Belarus is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Belarus to stand at 4.80 in 12 months time. In the long-term, the Belarus Food Inflation is projected to trend around 4.00 percent in 2020, according to our econometric models.