Inflation Belarus 2019
Average inflation: 5.6%
Current Inflation
Inflation is very high at 5.6%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 6.2%. The lowest inflation was in December at 4.7%.
- Highest month
- February: 6.2%
- Lowest month
- December: 4.7%
- Difference
- 1.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 10.2%. The lowest price increase was in Core inflation with an average of 4.6%.
- Highest increase
- Energy: 10.2%
- Lowest increase
- Core inflation: 4.6%
Historical Context
Current inflation is 2.8% lower than the 5-year average of 8.4%.
- 5-year average
- 8.4%
- 10-year average
- 20.6%
- All-time high (2012)
- 67.5%
- All-time low (2018)
- 4.9%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.7 percentage point).
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- July: +1.9 percentage points
ECB Target
Inflation is 3.6% 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 €105.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 5.8% | +1.3 |
| February | 6.2% | +1.3 |
| March | 5.8% | +0.4 |
| April | 5.5% | +0.5 |
| May | 6.2% | +1.8 |
| June | 5.7% | +1.6 |
| July | 6.0% | +1.9 |
| August | 5.7% | +0.7 |
| September | 5.3% | -0.3 |
| October | 5.3% | +0.4 |
| November | 5.0% | 0.0 |
| December | 4.7% | -0.9 |
| Average | 5.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.