Bloomberg News

Belarusian Inflation Slowed for Third Month to 101.1% in April

May 10, 2012

Belarusian inflation slowed for a third month in April, decelerating to 101.1 percent from a year earlier after a 106.5 percent increase in March, the state statistics service said in a statement on its website today.

The central bank will consider lowering its benchmark refinancing rate after the release of April inflation data, Chairman Nadezhda Ermakova said May 3. The former Soviet republic is seeking to cap consumer-price growth at 19 percent to 22 percent this year after a foreign-currency currency shortage and current-account deficit fanned price growth in 2011, the central bank said Jan. 30.

To contact the reporter on this story: Aliaksandr Kudrytski in Minsk, Belarus at akudrytski@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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