Belarus’ real sector enterprises reduce expectations of consumer price growth in next three months - poll
<p> MINSK, Aug 4 - PrimePress. Belarus’ real sector have reduced their expectations of consumer price growth in the next three months, says the analysis of the findings of the July 2021 edition of the Business Environment survey posted on the website of the National Bank of Belarus (NBB). </p> <p> </p> <p> As it follows from the survey, the index of expected price growth at a faster pace than at present has reduced month on month to 31.2% in comparison with 33.3% in June against 36% in May 2021. In general, about 80% of respondents expect a price increase in the next three months. According to the survey, the slowdown index was 9.2%, compared to 9.7% in June and 9.9% in May, i.e. legal entities demonstrate no decline in expectations of a reduction in the rate of price growth. </p> <p> </p> <p> The expected changes in the volume of production (work performed, sales, transport services) are in the positive field in all the sectors, i.e. the number of those who expect an increase is greater than those who forecast a decline - it went down to 14.1% in July from 16.7% in June (18% in May). </p> <p> </p> <p> Overall, the economic situation assessed by the survey participants has crossed the division line between the unfavourable area (since December 2020) and has been in the favourable area since April 2021. End </p> <p> </p>
2021-08-05
Primepress
MINSK, Aug 4 - PrimePress. Belarus’ real sector have reduced their expectations of consumer price growth in the next three months, says the analysis of the findings of the July 2021 edition of the Business Environment survey posted on the website of the National Bank of Belarus (NBB).
As it follows from the survey, the index of expected price growth at a faster pace than at present has reduced month on month to 31.2% in comparison with 33.3% in June against 36% in May 2021. In general, about 80% of respondents expect a price increase in the next three months. According to the survey, the slowdown index was 9.2%, compared to 9.7% in June and 9.9% in May, i.e. legal entities demonstrate no decline in expectations of a reduction in the rate of price growth.
The expected changes in the volume of production (work performed, sales, transport services) are in the positive field in all the sectors, i.e. the number of those who expect an increase is greater than those who forecast a decline - it went down to 14.1% in July from 16.7% in June (18% in May).
Overall, the economic situation assessed by the survey participants has crossed the division line between the unfavourable area (since December 2020) and has been in the favourable area since April 2021. End