Изображение: Нацбанк
The National Bank of Belarus has published data on public inflation expectations in its quarterly inflation review. The figures are based on a survey conducted by the Center for Sociological and Marketing Research using a questionnaire developed by the National Bank.
In September, the inflation rate perceived by the public stood at 6.8%, while expected price growth was 6.5%. Both indicators edged up compared with the June survey, when they stood at 6.7% and 6.2%, respectively.
According to Belstat, annual inflation stood at 4.6% in September.
The National Bank also estimated quarterly GDP growth. It stood at 2.9% in July-September, marking a slowdown from 3.2% in the second quarter. According to Belstat, Belarus’s GDP grew by 2% in January-September.
“The main support for economic activity came from an increase in household final consumption expenditure, while investment activity slowed.
Growth in consumer demand during the reporting quarter was largely underpinned by positive trends in real wages. Consumer lending also continued to serve as an additional factor driving its expansion,” the National Bank’s review said.