Inflation Belarus 2008
Average inflation: 14.8%
Current Inflation
Inflation is very high at 14.8%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 16.3%. The lowest inflation was in February at 12.7%.
- Highest month
- July: 16.3%
- Lowest month
- February: 12.7%
- Difference
- 3.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 25.6%. The lowest price increase was in Core inflation with an average of 12.3%.
- Highest increase
- Energy: 25.6%
- Lowest increase
- Core inflation: 12.3%
Historical Context
Current inflation is 4.7% higher than the 5-year average of 10.1%. This approaches the highest level since records began (14.8% in 2008).
- 5-year average
- 10.1%
- 10-year average
- 10.1%
- All-time high (2008)
- 14.8%
- All-time low (2006)
- 7%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +6.4 percentage point.
- Change vs. previous year
- +6.4 percentage points
- Largest monthly swing
- July: +9.1 percentage points
ECB Target
Inflation is 12.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €114.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 12.9% | +5.8 |
| February | 12.7% | +4.9 |
| March | 13.2% | +5.1 |
| April | 14.8% | +7.8 |
| May | 15.8% | +8.8 |
| June | 16.0% | +8.8 |
| July | 16.3% | +9.1 |
| August | 16.2% | +8.0 |
| September | 16.3% | +7.3 |
| October | 15.7% | +5.8 |
| November | 14.7% | +4.4 |
| December | 13.3% | +1.2 |
| Average | 14.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.