Inflation Belarus 2017

Average inflation: 6.1%

Current Inflation

Inflation is very high at 6.1%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 9.5%. The lowest inflation was in December at 4.6%.

Highest month
January: 9.5%
Lowest month
December: 4.6%
Difference
4.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 8.6%. The lowest price increase was in Core inflation with an average of 5.4%.

Highest increase
Energy: 8.6%
Lowest increase
Core inflation: 5.4%

Historical Context

Current inflation is 7.5% lower than the 5-year average of 13.6%. This approaches the lowest level since records began (6.1% in 2017).

5-year average
13.6%
10-year average
22.3%
All-time high (2012)
67.5%
All-time low (2017)
6.1%

Trend

Inflation shows a downward trend. Compared to 2016, inflation has fallen by +5.7 percentage point.

Change vs. previous year
-5.7 percentage points
Largest monthly swing
August: -6.5 percentage points

ECB Target

Inflation is 4.1% 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 €106.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Inflation by category

Food
7.1%
+1.0vs avg.
More details →
Energy
8.6%
+2.5vs avg.
More details →
Core inflation
5.4%
-0.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2016
January 9.5% -1.9
February 7.0% -5.8
March 6.4% -6.4
April 6.3% -6.3
May 6.1% -6.3
June 6.5% -5.6
July 6.0% -6.2
August 5.3% -6.5
September 4.9% -6.2
October 5.3% -5.7
November 4.9% -6.5
December 4.6% -6.0
Average 6.1%

Data source

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

See also