Belarus: Inflation increases in January, reaching highest level since January 2017
Consumer prices increased 1.14% in January over the previous month, down from the 1.23% rise logged in December. The slight downtick came amid a significant easing in momentum in prices for services, while non-food price growth accelerated.
Inflation came in at 7.7% in January, up from December’s 7.4%. January’s reading represented the highest inflation rate since January 2017. Annual average inflation edged up to 5.8% in January (December: 5.5%).