Average inflation measured by CPI reached 5.60 % in 2019 in Belarus, according to the National Statistical Office. This is 15.1 % more than in the previous year.
Historically, average inflation measured by CPI in Belarus reached an all time high of 2,221 % in 1994 and an all time low of 4.87 % in 2018. When compared to Belarus's main peers, average inflation measured by CPI in Lithuania amounted to 2.24 %, 2.31 % in Poland, 4.47 % in Russia and 7.89 % in Ukraine in 2019.
Belarus has been ranked 31st within the group of 175 countries we follow in terms of average inflation measured by CPI, 19 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.