The annual inflation rate in Belarus came in at 9.8 percent in August of 2021, the same level as the previous month. Higher prices for food goods (9.5 percent vs 8.9 percent in July) were offset by a slowdown in cost of non-food goods (11.4 percent vs 11.6 percent) and services (8.3 percent vs 8.9 percent). On a monthly basis, consumer prices edged up by 0.2 percent from 0.1 percent in July. source: National Statistical Committee of the Republic of Belarus

Inflation Rate in Belarus averaged 221.48 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 September 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. 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.

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Belarus Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.80 9.80 2795.63 4.10 1992 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-10 01:00 PM May 9.4% 8.6%
2021-07-09 01:00 PM Jun 9.9% 9.4% 10.5%
2021-08-10 02:00 PM Jul 9.8% 9.9% 10.1%
2021-09-10 01:00 PM Aug 9.8% 9.8%
2021-10-12 01:00 PM Sep 9.8%
2021-11-10 01:00 PM Oct
2021-12-10 02:00 PM Nov


News Stream
Belarus Inflation Rate Constant at 9.8% in August
The annual inflation rate in Belarus came in at 9.8 percent in August of 2021, the same level as the previous month. Higher prices for food goods (9.5 percent vs 8.9 percent in July) were offset by a slowdown in cost of non-food goods (11.4 percent vs 11.6 percent) and services (8.3 percent vs 8.9 percent). On a monthly basis, consumer prices edged up by 0.2 percent from 0.1 percent in July.
2021-09-10
Belarus Inflation Rate Slows to 9.8% in July
The annual inflation rate in Belarus slowed to 9.8 percent in July of 2021 from 9.9 percent in the previous month, which was the highest inflation rate since December of 2016. Prices slowed for food products (8.9 percent vs 9.1 percent in June) and services (8.9 percent vs 9.3 percent). Meantime, inflation remained unchanged for non-food products (at 11.6 percent). On a monthly basis, consumer prices inched up 0.1 percent, followed by a 0.7 percent gain in the prior month.
2021-08-10
Belarus Inflation Rate at 4-½-Year High
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.
2021-07-09
Belarus Inflation Rate at Over 4-Year High
The annual inflation rate in Belarus quickened to 9.4 percent in May of 2021 from 8.6 percent in the previous month. It was the highest consumer price inflation since January of 2017, underpinned by non-food (10.6 percent vs 10.1 percent in April) and food products (8.9 percent vs 7.4 percent), while the increase in services charges eased (8.7 percent vs 8.9 percent). On a monthly basis, consumer prices went up 0.6 percent, slowing from a 0.7 percent advance in April.
2021-06-10

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.