Economy

Annual inflation returned to the 7 percent level

In November, annual inflation in Belarus rose to 7%. A month earlier, for the first time since April, it had fallen below this mark, according to Belstat.

In July, annual inflation reached its peak for the year at 7.4%, but then decreased in August to 7.2%, in September — to 7.1%, and in October — even to 6.9%, writes Office Life.

As of November, prices increased by 0.4% compared to October, and by 6.5% relative to December 2024.

In November, annual inflation for food products reached 9.9%. A month earlier, this figure was 9.8%. Prices increased by 0.8% in November.

Inflation for non-food products increased from 2.5% to 2.6%. Prices added 0.02% over the month.

As for services, the annual inflation rate also increased here — from 7.6% to 7.7%. Over the month — plus 0.1%.

According to the National Bank, core annual inflation continues to decrease. In September, it was 7.5%, decreased to 7.1% in October, and was recorded at 7% as of November.

At the same time, seasonal prices for vegetables and fruits showed significant growth. Thus, in September it was 7.6% compared to the same period last year, in October — already 10.1%, and as of November — as high as 12.7%.

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