BRI NEWS Belarus registers deflation in August

BRI NEWS

Belarus registers deflation in August

Xinhua

22:42, September 12, 2019

VCG41673709683.jpg(Photo: VCG)

MINSK, Sept. 10 (Xinhua) -- Consumer prices for goods and services decreased by 0.2 percent in August from July, thus witnessing deflation, the National Statistics Committee of Belarus said on Tuesday.

In August, prices for food products dropped by 0.6 percent, prices for non-food products prices were unchanged, and prices for services went up by 0.3 percent, the official data showed.

Compared with December 2018, consumer prices rose by 2.9 percent in August 2019.

The National Bank of Belarus intends to limit annual inflation to no more than 5 percent. Last year it amounted to 5.6 percent.

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