Inflation Belarus 2015

Average inflation: 13.6%

Current Inflation

Inflation is very high at 13.6%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 17.1%. The lowest inflation was in November at 11.3%.

Highest month
January: 17.1%
Lowest month
November: 11.3%
Difference
5.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 23.2%. The lowest price increase was in Core inflation with an average of 12.2%.

Highest increase
Energy: 23.2%
Lowest increase
Core inflation: 12.2%

Historical Context

Current inflation is 20.4% lower than the 5-year average of 34.0%.

5-year average
34%
10-year average
22.1%
All-time high (2012)
67.5%
All-time low (2006)
7%

Trend

Inflation shows a downward trend. Compared to 2014, inflation has fallen by +4.5 percentage point.

Change vs. previous year
-4.5 percentage points
Largest monthly swing
August: -8.8 percentage points

ECB Target

Inflation is 11.6% 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 €113.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food
12.6%
-1.0vs avg.
More details →
Energy
23.2%
+9.6vs avg.
More details →
Core inflation
12.2%
-1.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2014
January 17.1% +2.2
February 16.7% +1.0
March 16.2% +0.2
April 15.5% -1.7
May 13.7% -5.3
June 13.2% -6.8
July 12.5% -7.3
August 11.8% -8.8
September 11.9% -8.2
October 11.5% -7.9
November 11.3% -7.0
December 12.0% -4.2
Average 13.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also