Belarus's annual inflation rate eased to 4.8% in May 2026 from 5.4% in the previous month, marking the lowest reading since October 2023. Price growth slowed for food products (4.9% vs. 6.3%), while inflation for non-food goods remained unchanged at 2%. Meanwhile, services inflation edged up to 8.5% from 8.4% in April. On a monthly basis, consumer prices rose 0.1%, following a 0.8% increase in the previous month. source: National Statistical Committee of the Republic of Belarus

Inflation Rate in Belarus decreased to 4.80 percent in May from 5.40 percent in April of 2026. Inflation Rate in Belarus averaged 192.03 percent from 1992 until 2026, reaching an all time high of 2795.64 percent in August of 1994 and a record low of 1.87 percent in September of 2023. This page provides the latest reported value for - Belarus Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belarus Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Inflation Rate in Belarus decreased to 4.80 percent in May from 5.40 percent in April of 2026. Inflation Rate in Belarus is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Inflation Rate is projected to trend around 5.50 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-11 01:00 PM
Inflation Rate YoY
Apr 5.4% 5.4% 5.7%
2026-06-10 12:45 PM
Inflation Rate YoY
May 4.8% 5.4% 5.7%
2026-07-10 01:00 PM
Inflation Rate YoY
Jun 4.8% 6%


Related Last Previous Unit Reference
Core Consumer Prices 100.30 100.40 points May 2026
Food Inflation 4.90 6.30 percent May 2026
Inflation Rate YoY 4.80 5.40 percent May 2026
Inflation Rate MoM 0.10 0.80 percent May 2026
Producer Prices 27079.40 26907.20 points May 2026
Producer Prices Change 5.10 5.40 percent May 2026


Belarus Inflation Rate
In Belarus the most important category in the Consumer Price Index is Foodstuffs (39.1 percent of total weight). Other goods and services account for 15.7 percent; Clothing, footwear and fabrics for 8.3 percent; Household goods, household appliances and home care for 6.6 percent; and Housing and utilities for 6 percent. Consumer Price Index in Belarus also includes Culture, recreation and sport (5.4 percent); Communication (4.7 percent) and Health (4.2 percent). Alcoholic beverages and tobacco products; Eating out (catering); Public transport services; and Education account for the remaining 10 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.80 5.40 2795.64 1.87 1992 - 2026 percent Monthly

News Stream
Belarus Inflation Hits 19-Month Low
Belarus's annual inflation rate eased to 4.8% in May 2026 from 5.4% in the previous month, marking the lowest reading since October 2023. Price growth slowed for food products (4.9% vs. 6.3%), while inflation for non-food goods remained unchanged at 2%. Meanwhile, services inflation edged up to 8.5% from 8.4% in April. On a monthly basis, consumer prices rose 0.1%, following a 0.8% increase in the previous month.
2026-06-10
Belarus Inflation Holds Steady in April
Belarus’s annual inflation rate remained unchanged at 5.4% in April 2026, halting a four-month disinflation trend. Price growth slowed for food products (6.3% vs 7.8% in March) and non-food goods (2.0% vs 2.2%), while inflation for services accelerated sharply to 8.4% from 6.0%. On a monthly basis, consumer prices rose 0.8% in April, following a 0.6% increase in the previous month.
2026-05-11
Belarus Inflation Hits 14-Month Low
Belarus’s annual inflation rate eased to 5.4% in March 2026 from 5.6% in February, marking the fourth straight month of deceleration and the lowest rate since January 2025. Price growth slowed for food products (7.8% vs. 8.7%) but accelerated for services (6.0% vs. 5.4%) and non-food goods (2.2% vs. 2.1%). On a monthly basis, the CPI rose 0.6%, matching February’s pace.
2026-04-10