BELARUS NEWS AND ANALYSIS

DATE:

11/09/2006

Consumer prices drop 0.7% in Belarus in Aug

MINSK. Sept 11 (Interfax) - Consumer prices fell 0.7% in August in Belarus, compared with a growth of 0.5% in July, the Statistics & Analysis Ministry told Interfax.

Inflation was 2.9% in the first eight months of 2006 compared with 4.6% in the same period last year.

The country's social and economic development forecast envisions consumer prices will grow around 7%-9% in 2006.

The National Bank of Belarus announced early in the year that it and the government are planning to keep inflation at no more than 7% in 2006.

Belarussian inflation was 8% in 2005 compared with 14.4% in 2004. rm

Source:

http://www.interfax.ru/e/B/finances/26.html?id_issue=11586284

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