BELARUS NEWS AND ANALYSIS

DATE:

10/06/2008

Belarus posts 1.3% inflation in May, 6.6% since start of 2008

MINSK. June 10 (Interfax) - Inflation in Belarus totaled 1.3% in May 2008 and 6.6% in January-May, the Statistics and Analysis Ministry said.

Inflation totaled 15.8% in annual terms in May 2008.

Consumer prices grew 1.2% in April, 0.8% in March, 0.7% in February and 2.5% in January.

Belarus had inflation of 3.2% in January-May 2007.

Average monthly inflation in January-May 2008 grew to 1.3% compared to 0.64% in the same period of last year.

The Belarusian government and National Bank had planned to contain inflation within 6%-8% in 2008, or at a pace of 0.5%-0.6% on average per month.

Consumer prices grew 12.1% in Belarus in 2007 (amid a forecast of 6%-8%) compared to 6.6% in 2006.

Source:

http://www.interfax.com/3/402171/news.aspx

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