Belarus's annual inflation accelerates to 4.7% in Oct 2026

MINSK. Nov 10 (Interfax) - Consumer prices in Belarus rose 0.3% in October 2026 after growing 0.5% in September and declining 0.1% in August, the country's National Statistical Committee said.

Inflation amounted to 3.9% in January-October (relative to the level of December 2025). Annual inflation accelerated to 4.7% compared to October last year from 4.6% in September and 4.5% in August.

Core inflation (excluding regulated and seasonal prices) rose to 4.3% in January-October, and amounted to 0.4% in October compared to September.

Prices for food products have increased 1.3% since the beginning of the year (0.5% in October), while prices for non-food products are up 4% (0.6%). Services rose 8.2% in price compared to a decline of 0.3% in October.

State regulation of prices remains in place in Belarus for almost all goods in the consumer basket, as well as for basic services.

Inflation in the country reached 6.8% in 2025 compared to 5.2% in 2024 and 5.8% in 2023. The authorities plan to keep it within 7% this year.