Belarus reports 0.1% deflation in May; 3.2% inflation in Jan-May 2020
<p> MINSK, Jun 10 - PrimePress. Belarus reports 0.1% deflation in May 2020 and 3.2% inflation in January-May 2020. Prices rose by 4.9% year on year in May 2020, by 4.9% yoy in January-May 2020, the National Statistics Committee of Belarus (Belstat) reported. </p> <p> </p> <p> Inflation was at 0.9% in January 2020, 1% in February 2020, 0.9% in March 2020 and 0.6% in April 2020. </p> <p> </p> <p> According to Belstat, food prices decreased 0.6% month on month in May, and increased by 2.8% from December 2019. Food prices rose by 4% month on month in May 2020, by 4% year on year in January-May 2020. </p> <p> </p> <p> Non-food prices rose by 0.4% month on month in May 2020 and by 3.2% from December 2019. Non-food went up 4.6% yoy in May 2020, 4.3% yoy in January-May 2020. </p> <p> </p> <p> Prices and tariffs for for-fee services decreased in May 2020 by 0.03% month on month and increased by 3.8% from December 2019. Prices of for-fee services went up by 7.1% yoy in May 2020, by 7.1% yoy in January-May 2020. </p> <p> </p> <p> As reported, inflation in 2019 was at 4.7%, the official forecast being 5%. The official inflation forecast for 2020 is also at or below 5%, the National Bank’s forecast standing at 6%. End </p> <p> </p>
2020-06-10
Primepress
MINSK, Jun 10 - PrimePress. Belarus reports 0.1% deflation in May 2020 and 3.2% inflation in January-May 2020. Prices rose by 4.9% year on year in May 2020, by 4.9% yoy in January-May 2020, the National Statistics Committee of Belarus (Belstat) reported.
Inflation was at 0.9% in January 2020, 1% in February 2020, 0.9% in March 2020 and 0.6% in April 2020.
According to Belstat, food prices decreased 0.6% month on month in May, and increased by 2.8% from December 2019. Food prices rose by 4% month on month in May 2020, by 4% year on year in January-May 2020.
Non-food prices rose by 0.4% month on month in May 2020 and by 3.2% from December 2019. Non-food went up 4.6% yoy in May 2020, 4.3% yoy in January-May 2020.
Prices and tariffs for for-fee services decreased in May 2020 by 0.03% month on month and increased by 3.8% from December 2019. Prices of for-fee services went up by 7.1% yoy in May 2020, by 7.1% yoy in January-May 2020.
As reported, inflation in 2019 was at 4.7%, the official forecast being 5%. The official inflation forecast for 2020 is also at or below 5%, the National Bank’s forecast standing at 6%. End