Belarus: Inflation comes in at highest level since December 2016 in June
Consumer prices rose 0.65% in June over the previous month, picking up from the 0.55% increase logged in May. The acceleration came despite price growth for food and non-food goods ebbing slightly. Contrastingly, prices for services rebounded significantly from May’s decrease, driving up the print.
Inflation came in at 9.9% in June, up from May’s 9.4%. June’s result represented the highest inflation rate since December 2016. Annual average inflation rose to 7.5% in June (May: 7.1%).