Inflation in Belarus

Instead of making real changes to trade with the West, Lukashenka would rather emphasize the danger from Russia / AP
Instead of making real changes to trade with the West, Lukashenka would rather emphasize the danger from Russia / AP

The 'sanctions making us stronger' talk is going away, but authorities are not ready for real changes.

The fall of the economy into the abyss has stalled / collage by Ulad Rubanau, Euroradio
The fall of the economy into the abyss has stalled / collage by Ulad Rubanau, Euroradio

We can forget about economic growth for a long time.

Minister Uladzimir Zinouski has signed the corresponding order.

The real income has increased by 32% in comparison with 2010, the Prime Minister said.

Compared to December 2015, in the first quarter, the inflation was 5.7%. The inflation forecast for this year is 12%.

The prices for food increased by about 2.1% in February 2016 in comparison with February 2015.

Food for products rose by 1.5%, and non-food - by 1.2%.

The inflation rate will be higher than 10% but not exceed 17 or 18% in Belarus in 2016, Economic Minister Uladzimir Zinouski says.

The Council of Ministers has promised the inflation of up to 10% in 2017.