Belarus’s annual inflation rate edged up to 4.4% in July 2026 from 4.3% in June, driven by faster price growth across several categories. Inflation accelerated for transport (5.3% vs 4.7%), clothing and footwear (2.9% vs 1.9%), furnishings (2.8% vs 2.5%), health (2.8% vs 2.6%), information and communication (1.8% vs 1.3%), recreation, sports and culture (8.4% vs 7.7%) and restaurants and hotels (6.8% vs 6.4%). Meanwhile, inflation held at 10.3% for housing and utilities and 7% for alcoholic beverages and tobacco. In contrast, food inflation eased to 2.3% from 2.7%, while inflation for insurance and financial services slowed slightly to 3.7% from 3.8%. On a monthly basis, consumer prices rose 0.3%, matching the previous month’s increase. source: National Statistical Committee of the Republic of Belarus

Inflation Rate in Belarus increased to 4.40 percent in July from 4.30 percent in June of 2026. Inflation Rate in Belarus averaged 191.12 percent from 1992 until 2026, reaching an all time high of 2795.64 percent in August of 1994 and a record low of 1.87 percent in September of 2023. 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 August of 2026.

Inflation Rate in Belarus increased to 4.40 percent in July from 4.30 percent in June of 2026. 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. In the long-term, the Belarus Inflation Rate is projected to trend around 5.50 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-10 01:00 PM
Inflation Rate YoY
Jun 4.3% 4.8% 4.6%
2026-08-10 11:15 AM
Inflation Rate YoY
Jul 4.4% 4.3% 4.4%
2026-09-10 01:00 PM
Inflation Rate YoY
Aug 4.4%


Related Last Previous Unit Reference
Core Consumer Prices 100.60 100.40 points Jul 2026
Food Inflation 3.10 3.40 percent Jul 2026
Inflation Rate YoY 4.40 4.30 percent Jul 2026
Inflation Rate MoM 0.30 0.30 percent Jul 2026
Producer Prices 27013.40 27116.20 points Jul 2026
Producer Prices Change 4.00 4.50 percent Jul 2026


Belarus Inflation Rate
In Belarus the most important category in the Consumer Price Index is Foodstuffs (39.1 percent of total weight). Other goods and services account for 15.7 percent; Clothing, footwear and fabrics for 8.3 percent; Household goods, household appliances and home care for 6.6 percent; and Housing and utilities for 6 percent. Consumer Price Index in Belarus also includes Culture, recreation and sport (5.4 percent); Communication (4.7 percent) and Health (4.2 percent). Alcoholic beverages and tobacco products; Eating out (catering); Public transport services; and Education account for the remaining 10 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.40 4.30 2795.64 1.87 1992 - 2026 percent Monthly

News Stream
Belarus Inflation Edges Up in July
Belarus’s annual inflation rate edged up to 4.4% in July 2026 from 4.3% in June, driven by faster price growth across several categories. Inflation accelerated for transport (5.3% vs 4.7%), clothing and footwear (2.9% vs 1.9%), furnishings (2.8% vs 2.5%), health (2.8% vs 2.6%), information and communication (1.8% vs 1.3%), recreation, sports and culture (8.4% vs 7.7%) and restaurants and hotels (6.8% vs 6.4%). Meanwhile, inflation held at 10.3% for housing and utilities and 7% for alcoholic beverages and tobacco. In contrast, food inflation eased to 2.3% from 2.7%, while inflation for insurance and financial services slowed slightly to 3.7% from 3.8%. On a monthly basis, consumer prices rose 0.3%, matching the previous month’s increase.
2026-08-10
Belarus Annual Inflation Eases to 4.3% in June
Belarus's annual inflation rate eased to 4.3% in June 2026 from 4.8% in May, marking the lowest reading since October 2023. Price growth slowed notably for food products (3.4% vs. 4.9%), while inflation for non-food goods edged up to 2.1% from 2.0%. Meanwhile, services inflation accelerated to 8.8% from 6.7% in the previous month. On a monthly basis, consumer prices rose 0.3%, following a 0.1% increase in May.
2026-07-10
Belarus Inflation Hits 19-Month Low
Belarus's annual inflation rate eased to 4.8% in May 2026 from 5.4% in the previous month, marking the lowest reading since October 2023. Price growth slowed for food products (4.9% vs. 6.3%), while inflation for non-food goods remained unchanged at 2%. Meanwhile, services inflation edged up to 8.5% from 8.4% in April. On a monthly basis, consumer prices rose 0.1%, following a 0.8% increase in the previous month.
2026-06-10