Annual inflation in Belarus accelerates to 5.2% in Jun 2020
<p> MINSK, Jul 14 - PrimePress. Annual inflation in Belarus accelerated in June 2020 to 5.2%, the National Bank of Belarus (NBB) reports on its official website. </p> <p> </p> <p> Consumer prices rose in June 2020 by 5.2% year on year (4.9% yoy in May 2020, 5.4% yoy in April 2020). </p> <p> </p> <p> Core inflation increased by 3.7%, 3.9% and 4.5% on the year in Jun, May and Apr 2020, respectively. </p> <p> </p> <p> Regulated prices and tariffs increased by 6.7%, 6.7% and 7.3% on the year in Jun, May and Apr 2020, respectively. </p> <p> </p> <p> The year-on-year increase in seasonal prices made up 21.5% in Jun, 11.5% in May and 10.5% in Apr 2020. </p> <p> </p> <p> The year-on-year aggregate trend inflation rate was at 3.1% in Jun, 3.4% in May and 3.9% in Apr 2020. </p> <p> </p> <p> In annual terms of the maximum and minimum growth rates of free prices in Jun 2020, the hotel business showed a 1.8% decrease, fabrics and yarn – down 1.3%; haberdashery – down 1%; edible salt – down 0.7%; meat and meat products – down 0.5%; bank services – up 9.4%; chicken eggs – up 10.5%; passenger transport services – up 10.7%; bicycles and motorcycles +– up 11.1%; cereals and legumes – up 13.4%. </p> <p> </p> <p> In annual terms of the maximum and minimum growth rates of regulated prices and tariffs in Jun 2020, medicines showed a 3% decrease; rental of state-owned premises – down 3.4%; services of preschool institutions – up 10%; tobacco products – up 14%; vocational secondary education – up 14.6%; personal transport insurance – up 15.9%; tertiary education – up 18.5%. </p> <p> </p> <p> As reported, inflation in Belarus was up 0.2% in Jun 2020 and 3.4% in Jan-Jun. The official inflation forecast for 2020 is 5%. The National bank of Belarus does not rule out, though, that inflation may reach 6% in 2020. End </p>
2020-07-15
Primepress
Annual inflation in Belarus accelerates to 5.2% in Jun 2020
MINSK, Jul 14 - PrimePress. Annual inflation in Belarus accelerated in June 2020 to 5.2%, the National Bank of Belarus (NBB) reports on its official website.
Consumer prices rose in June 2020 by 5.2% year on year (4.9% yoy in May 2020, 5.4% yoy in April 2020).
Core inflation increased by 3.7%, 3.9% and 4.5% on the year in Jun, May and Apr 2020, respectively.
Regulated prices and tariffs increased by 6.7%, 6.7% and 7.3% on the year in Jun, May and Apr 2020, respectively.
The year-on-year increase in seasonal prices made up 21.5% in Jun, 11.5% in May and 10.5% in Apr 2020.
The year-on-year aggregate trend inflation rate was at 3.1% in Jun, 3.4% in May and 3.9% in Apr 2020.
In annual terms of the maximum and minimum growth rates of free prices in Jun 2020, the hotel business showed a 1.8% decrease, fabrics and yarn – down 1.3%; haberdashery – down 1%; edible salt – down 0.7%; meat and meat products – down 0.5%; bank services – up 9.4%; chicken eggs – up 10.5%; passenger transport services – up 10.7%; bicycles and motorcycles +– up 11.1%; cereals and legumes – up 13.4%.
In annual terms of the maximum and minimum growth rates of regulated prices and tariffs in Jun 2020, medicines showed a 3% decrease; rental of state-owned premises – down 3.4%; services of preschool institutions – up 10%; tobacco products – up 14%; vocational secondary education – up 14.6%; personal transport insurance – up 15.9%; tertiary education – up 18.5%.
As reported, inflation in Belarus was up 0.2% in Jun 2020 and 3.4% in Jan-Jun. The official inflation forecast for 2020 is 5%. The National bank of Belarus does not rule out, though, that inflation may reach 6% in 2020. End