Inflation in Belarus at 1.2% in Dec 2020; 7.4% in Jan-Dec 2020

<p> MINSK, Jan 13 - PrimePress. Inflation in Belarus was at 1.2% in December 2020; 7.4% in January-December 2020. Prices rose by 5.5% year on year January-December 2020, the National Statistics Committee of Belarus (Belstat) said in a report. </p> <p>   </p> <p> As previously reported, inflation in Belarus stood at 0.9% in January 2020; 1% in February; 0.9% in March; 0.6% in April; 0.2% deflation in May; 0.2% inflation in June, July and August; 0.9% inflation in September; 0.6% in October; 0.7% in November. </p> <p>   </p> <p> According to Belstat, food prices increased by 1.6% year on year in Dec 2020 and by 6.2% from Dec 2019. Food prices were up 4.4% year on year in Jan-Dec 2020. </p> <p>   </p> <p> Non-food prices rose by 0.4% month on month in Dec 2020, up 8.1% from Dec 2019. Non-food prices rose by 5.4% yoy in Jan-Dec 2020. </p> <p>   </p> <p> Prices and tariffs for-fee services increased by 1.7% in Dec 2020 against Nov 2020; up 8.4% from Dec 2019. Prices of for-fee services increased by 7.2% in Jan-Dec 2020 against Jan-Dec 2019. </p> <p>   </p> <p> As previously reported, inflation in Belarus was at 4.7% in 2019, the official forecast being 5%. The official inflation forecast for 2020 is also at or below 5%. The National Bank of Belarus did not rule out, though, that inflation might grow to 6%. Prime Minister of Belarus Roman Golovchenko said in November that inflation can go up to 10% by the end of 2020. End </p>

2021-01-14

Primepress