The annual inflation rate in Belarus fell back to 4.9 percent in May 2020 from an eight-month high of 5.4 percent in April, as prices rose at a softer pace for services (7.1 percent vs 7.5 percent), non-food (4.6 percent vs 4.8 percent) and food goods (4.0 percent vs 4.7 percent). On a monthly basis, consumer prices edged down 0.1 percent, following a 0.6 percent rise in April.
Inflation Rate in Belarus averaged 230.89 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.