Inflation Belarus 2014
Average inflation: 18.1%
Current Inflation
Inflation is very high at 18.1%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 20.6%. The lowest inflation was in January at 14.9%.
- Highest month
- August: 20.6%
- Lowest month
- January: 14.9%
- Difference
- 5.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 36.2%. The lowest price increase was in Core inflation with an average of 14.2%.
- Highest increase
- Energy: 36.2%
- Lowest increase
- Core inflation: 14.2%
Historical Context
Current inflation is 14.7% lower than the 5-year average of 32.8%.
- 5-year average
- 32.8%
- 10-year average
- 23%
- All-time high (2012)
- 67.5%
- All-time low (2006)
- 7%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- January: -8.2 percentage points
ECB Target
Inflation is 16.1% 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 €118.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 14.9% | -8.2 |
| February | 15.7% | -7.0 |
| March | 16.0% | -6.2 |
| April | 17.2% | -3.5 |
| May | 19.0% | -0.7 |
| June | 20.0% | +2.1 |
| July | 19.8% | +2.3 |
| August | 20.6% | +5.6 |
| September | 20.1% | +4.7 |
| October | 19.4% | +3.9 |
| November | 18.3% | +3.0 |
| December | 16.2% | -0.3 |
| Average | 18.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.