September 10, 2020. Direct access to our calendar releases and historical data. The inflation rate for consumer prices in Belarus moved over the past 26 years between … The Laspeyres formula is generally used. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Direct access to our calendar releases and historical data. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. Like in many other countries, inflation in Belarus is calculated based on the Consumer Price Indexes (CPI) computed since 1991. Learn more about how Statista can support your business. * All products require an annual contract; Prices do not include sales tax. Consumer Price Index CPI in Belarus increased to 7272025324.94 points in August from 7259683862.37 points in July of 2020. BelTA – News from Belarus, © Belarusian Telegraph Agency, 2010-2020. The economy of Belarus is the world's 72nd-largest economy by GDP based on purchasing power parity (PPP), which in 2019 stood at $195 billion, or $20,900 per capita.. As part of the former Soviet Union, Belarus had a relatively well-developed industrial base; it retained this industrial base following the break-up of the USSR, as well as a broad agricultural base and a high education-level. Belarus had the inflation running at 5.6% in 2018, and 4.6% in 2017. Directly accessible data for 170 industries from 50 countries Belarus Inflation Calculators. Like in many other countries, inflation in Belarus is calculated based on the Consumer Price Indexes (CPI) computed since 1991. Read more. The 2020 main task is to keep inflation under 5% in annual terms. 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. The annual inflation rate in Belarus came in at 5.2 percent in July of 2020, the same as in the previous month. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: According to the source, due to the high level of uncertainty in current global economic conditions, the IMF projections for these indicators are provided only through 2021. It was the highest inflation since August of 2019, with upward pressure coming from services (7.5 percent), non-food (4.8 percent) and food products (4.7 percent). Belarus inflation rate for 2019 was 5.60%, a 0.73% increase from 2018. All data and calculations are based on the official Consumer Price Index published monthly since 1991 by the National Statistical Committee of the Republic of Belarus (Belstat). National Statistical Committee of the Republic of Belarus, Belarus Food Inflation Picks Up to 10-Month High, Belarus Inflation Rate at Near 1-1/2-Year High of 6.1%, Belarus Industrial Production Rises 0.3% YoY in Jan-May, Moody’s Upgrades Belarus' Credit Rating to ‘B3’, China Services Growth at 7-Year High: NBS, China Manufacturing Expands for 8th Month: NBS, Dollar Up for 3rd Day to Book Best Week in a Month, TSX Drops on Friday, Books 4.5% Weekly Loss, Brent Crude Down for 3rd Day to Book Biggest Weekly Loss since April, WTI Crude Tumbles 11% in October on Demand Concerns. In December 2019 the base index of consumer prices, which does not account for changes in prices for individual goods and services susceptible to administrative and seasonal factors, stood at 100.1% over November 2019 and 103.5% as against December 2018. At the same time, 2019 year to date inflation rate is 0.88% and year over year inflation rate is 5.78%. 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). La persistance d'une inflation élevée serait en grande partie due à l'octroi par les autorités de hausses de salaires supérieures aux gains de productivité. IMF. Alcoholic beverages and tobacco products; Eating out (catering); Public transport services; and Education account for the remaining 10 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. Private sector presses Eurasian Economic Commission for equal terms for joint ventures in EAEU, Export of industrial, consumer goods via BUCE 4% up in January-September, Belarusian Vityas to make superfast vehicle charging station prototype by year end, Lukashenko vows to continue supporting internal affairs bodies, Lukashenko about situation in Belarus: There were no reasons to break the country, Grodno Azot to keep working despite interference, Lukashenko: Belarus will continue multi-vector foreign policy, Expert: Belarus' media space attacked from servers from 5-6 countries, Lomza Vive Kielce top EHF Champions League group stage, Volkswagen profit in Q3 driven by growing sales in China, MP: European Parliament's recommendations are directed against people of Belarus, EEC approves observer status in EAEU for Cuba, Belarusian State University to get €31m from World Bank to set up research center, Turbine of first unit of Belarusian nuclear power plant spun up for trial run, Opinion: Leaders of Poland, Lithuania, Ukraine should focus on domestic issues, Lukashenko responds to rumors of his political career end, Deficit of Belarus' central state budget at Br1.8bn in January-September, Lukashenko wants regulations on public order protection promptly amended, Lukashenko: Any war starts with internal destabilization today, Belarus president's newly appointed aides to take care of order, discipline, Lukashenko comments on social and political situation in Belarus, Belarus' external state debt 2.6% up to $17.6bn in January-September 2020, CIS Chiefs of Staff sign plan of joint action for 2021, Lukashenko: We have nowhere to retreat and we are not going to retreat, Belavia extends suspension of flights to Ashgabat till 1 January, Russia sees foreign control behind protests in Belarus, All Belarusian volunteers in Russian Sputnik V vaccine trials feel well, Belarus, Russia discuss cooperation in sport, Ambassador: West takes Union State more seriously than we do, The Council of Ministers of the Republic of Belarus, The Council of the Republic of the National Assembly of the Republic of Belarus, The House of Representatives of the National Assembly of the Republic of Belarus, The Constitutional Court of the Republic of Belarus, The Supreme Court of the Republic of Belarus, The State Control Committee of the Republic of Belarus, The Prosecutor General’s Office of the Republic of Belarus, The National Bank of the Republic of Belarus, Ministry of Architecture and Construction, Ministry of Housing and Utilities Services, Ministry of Natural Resources and Environmental Protection, Ministry of Communications and Informatization, State Committee for the Management of State Property, State Committee for Science and Technologies, Investigative Committee of the Republic of Belarus, Lukashenko introduces new internal affairs minister, chief of Minsk police department, Belarusian ground border closed to travelers coming from Latvia, Lithuania, Poland, Ukraine, State Border Committee: Belarusian nationals allowed to enter Belarus, Russian ambassador: West will be tougher towards Russia, its closest allies, All Belarusian volunteers get first component of Russia's coronavirus vaccine, Lukashenko comments on situation in Poland, Lukashenko still concerned about NATO threat, Prime minister wants projects of Belarusian tire maker Belshina to recoup investments, Belarus, Switzerland confirm interest in constructive dialogue, cooperation. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. 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. Non-food goods prices advanced faster (4.8 percent vs 4.4 percent in June) while both food goods (4.6 percent vs 4.8 percent) and services (6.8 percent vs 7 percent) slowed. COVID-19 deaths worldwide as of October 30, 2020, by country, COVID-19 cases worldwide as of October 30, 2020, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Oct. 30, 2020, New cases of COVID-19 worldwide from January 23 to October 29, 2020, by day. Accessed October 31, 2020. https://www.statista.com/statistics/446249/inflation-rate-in-belarus/, IMF. In 2019 Belarus ranks #7 in the world by yearly inflation rate. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. It is projected to stay under 2.5% in the first quarter, 3.2% in January-June and 3.6% in January-September. Download historical data for 20 million indicators using your browser. On a monthly basis, consumer prices edged up 0.2 percent, also the same as in June. Belarus has pursued a gradual transition path, characterized by limited structural reforms and a modest expansion of the private sector. In 2019 Belarus ranks #7 in the world by yearly inflation rate. On a monthly basis, consumer prices were up 0.9 percent.

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