The annual inflation rate in Belarus advanced to 9.9 percent in June of 2021 from 9.4 percent in the previous month. It was the highest consumer price inflation since December of 2016 driven by gain for food products (9.1 percent vs 8.9 percent in May), non-food products (11.6 percent vs 10.6 percent) and services (9.3 percent vs 8.7 percent). On a monthly basis, consumer prices edged up 0.7 percent, followed by a 0.6 uptick in May. source: National Statistical Committee of the Republic of Belarus
Inflation Rate in Belarus averaged 222.68 percent from 1992 until 2021, 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 August of 2021.
Inflation Rate in Belarus is expected to be 8.40 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 6.00 in 12 months time. In the long-term, the Belarus Inflation Rate is projected to trend around 5.80 percent in 2022 and 5.20 percent in 2023, according to our econometric models.