Inflation

The Inflation Review Bulletin is an expert analysis of inflationary processes in the consumer market. The bulletin depicts the dynamics of price indices, analyzes the drivers of inflationary processes, assesses the nature of monetary conditions, and provides a short-term inflation forecast. The methodological basis for the analysis is the Quarterly Projection Model (QPM) for Belarus.

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Inflation Review. Q1-2026

Inflation in Belarus decreased in Q1-2026 and is projected to be around 6–7% YoY by the end of 2026 Annual inflation slowed from 6.8% YoY in December 2025 to 5.4% YoY in March 2026, while the annualized quarterly price growth…

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