The annual inflation rate in Belarus rose to 6.2 percent in May 2019 from 5.5 percent in the previous month. It was the highest inflation rate since February, as prices advanced further for food (7.1 percent vs 6.4 percent in April); services (6.9 percent vs 6.5 percent) and non-food products (4.3 percent vs 3.6 percent). On a monthly basis, consumer prices went up 0.3 percent, after being unchanged in the previous month. Inflation Rate in Belarus averaged 239.12 percent from 1992 until 2019, 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.
Inflation Rate in Belarus is expected to be 5.40 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 5.00 in 12 months time. In the long-term, the Belarus Inflation Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.