The annual inflation rate in Belarus rose to 5.2 percent in June of 2020 from 4.9 percent in the previous month, as food goods prices jumped to 4.8 percent from 4.0 percent in May. Meantime, cost slowed for both services (7.0 percent vs 7.1 percent) and non-food goods (4.4 percent vs 4.6 percent). On a monthly basis, consumer prices edged up 0.2 percent, rebounding from a 0.1 percent drop in May.
Inflation Rate in Belarus averaged 230.23 percent from 1992 until 2020, reaching an all time high of 2795.63 percent in August of 1994 and a record low of 4.10 percent in June of 2018. This page provides the latest reported value for - Belarus Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belarus Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: National Statistical Committee of the Republic of Belarus
Inflation Rate in Belarus is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Belarus to stand at 5.30 in 12 months time. In the long-term, the Belarus Inflation Rate is projected to trend around 5.50 percent in 2021 and 5.20 percent in 2022, according to our econometric models.