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Belarus: Inflation hits over two-year high in July
Latest reading: Inflation ticked up to 7.4% in July from June’s 7.3%. July’s figure was the highest inflation rate since February 2023. Looking at the details of the release, the rise was broad-based as prices for food and non-alcoholic beverages, housing and utilities plus transport rose at faster paces.
Moreover, annual average inflation ticked up to 6.1% in July (June: 6.0%).
Finally, consumer prices rose 0.20% over the previous month in July, moderating from the 0.90% rise recorded in June. July’s result marked the softest rise in prices since August 2024.
