Annual Inflation Slows to 4.3% in June

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Прилавок магазина в Минске. Молоко. Фото: Reform.by

Belstat has published inflation data for June. Monthly inflation stood at 0.3%, up 0.2 percentage points from May. Annual inflation continued to slow, declining by 0.5 percentage points over the month to 4.3%.

Since the beginning of the year, the consumer price index has increased by 2.9%. The Ministry of Antimonopoly Regulation and Trade previously set monthly targets for permissible price growth. The target for April was 3.8%.

Core inflation, which excludes changes in the prices of seasonal and regulated goods and services, stood at 0.4% in June, down 0.1 percentage points from May. Since the beginning of the year, core inflation has reached 2.3%.

Compared with May, food prices rose by 0.3% in June, non-food goods increased by 0.1%, and services became 0.8% more expensive.

Since the beginning of the year, food prices have increased by 1.8%, non-food goods by 1.5%, and service tariffs by 6.7%.

Compared with a year earlier, food prices rose by 3.4%, non-food goods by 2.1%, and service tariffs by 8.8%.

The inflation target for 2026 is set at no more than 7%.

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