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Inflation in Belarus amounted to 2.7% since year beginning

Statistics
18:02 | 13.06.2017 | Business-News

According to the data of the National Statistical Committee, the consumer price index of goods and services in May 2017 as compared to April 2017 made up 100.3%. From the beginning of 2017, the consumer prices in Belarus grew by 2.7%. The inflation in the country amounted to 6.1% on a year-on-year basis.

 

The core consumer price index reflecting the long-term price dynamics that is not under the influence of the factors of administrative and seasonal character amounted to 100.2% in May 2017 as compared to April 2017 and to 101.2% as compared to December 2016.

According to the official statistics, the prices for non-food products fell by 0.2% in May. This tendency was observed in all Belarusian regions, except for Brest Region where the prices grew by 0.1%. According to the data of the National Statistical Committee, the footwear became cheaper by 1.5%, jewellery – by 1.4%, medicines – by 0.8%, TV and radio goods – by 0.8%, furniture – by 0.7%, bicycles and motorcycles – by 0.5% in May on the average in the country.

 

At the same time, the prices for food products in May grew by 0.6%. The biggest growth was registered in Brest and Grodno Regions where the prices over the month went up by 1.6% and 1.2%, respectively. The prices for food products in May fell by 0.4% in Mogilev Region. The biggest growth in May was registered at the catering places (3.5%). The prices for fruit and vegetable products also markedly grew by 3.1%. According to the data of the National Statistical Committee, the prices for fresh green head cabbage grew by 1.6 times in May, for carrot – by 39.0%, for potato – by 35.0%, for beet – by 24.6%, and for onion – by 19.8%. Fruits became more expensive by 11.1% on the average. Apple prices rose by 23.5% and citrus fruit prices grew by 18.9%.

 

The prices for services in May rose by 0.3%. The biggest growth in prices for services was registered in Gomel Region (1.3%). The prices for services in Vitebsk Region went down by 0.3%. According to the data of the National Statistical Committee, the prices for light vehicle insurance grew in May by 2.6%, for veterinarian services – by 2.3%, and for passenger transport services – by 1.2%. The prices for sanatory and health-improving services rose by 1.0%, for tourist services – by 0.9%, and for hotel services – by 0.6%.

 

As compared to December 2016, the prices for services grew by 4.4% and the prices for food products rose by 3.0%. The prices for non-food goods changed least of all since the year beginning. They increased just by 1.1%.

On an annual basis, the biggest price growth was observed in the category of product goods. In May 2017, the prices for food products grew by 8.0% as compared to May 2016. The prices for services, in turn, rose by 7.6% over the year. The prices for non-food goods changed least of all. They grew by 2.5%.

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