Belstat has published inflation data for May. Monthly inflation stood at 0.1%, which was 0.7 percentage points lower than in April. The annual inflation rate also decreased by 0.6 percentage points to 5.4%.
Since the beginning of the year, the consumer price index has risen by 2.6%. It should be recalled that the Ministry of Antimonopoly Regulation and Trade has set monthly targets for permissible price growth. For April, the target was 3.4%.
Core inflation, which excludes price changes for seasonal and regulated goods and services, amounted to 0.3% in May, or 0.1 percentage points less than in April. Since the beginning of the year, it has reached 2%.
In May compared with April, food prices fell by 0.2%, non-food goods became 0.1% more expensive, and services rose by 0.4%.
Since the beginning of the year, food prices have increased by 1.5%, non-food goods by 1.4%, and service tariffs by 5.9%.
Over the past 12 months, food prices have risen by 4.9%, non-food goods by 2%, and service tariffs by 8.5%.
The inflation target for 2026 is set at no more than 7%.
