The annual inflation rate in Belarus eased further to 5.5 percent in April 2019 from 5.8 percent in the previous month. It was the lowest inflation since November 2018, as prices advanced at a softer pace for food (6.4 percent vs 6.6 percent in March) and services (6.5 percent vs 7.3 percent). Meanwhile, non-food inflation picked up to 3.6 percent in April from 3.5 percent in the prior month. On a monthly basis, consumer prices were unchanged, after increasing 0.4 percent in March. Inflation Rate in Belarus averaged 239.83 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.