Record low inflation in Belarus. But all the same, we are catching up significantly the price increases of many neighbors



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In Belarus, inflation breaks records – in June, prices for goods and services rose by 4.1% year-on-year. Such a small increase in prices of goods and services paid in our country has not yet been. However, even in the context of these optimistic indicators in our country, the level of inflation is significantly higher than that of most neighboring countries.

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<figcaption> The picture is illustrative. Photo: Dmitry Brushko, TUT.BY </figcaption></figure>
<p>  The slowdown in prices last month was possible due to lower prices for fruits and vegetables in annual terms. Inflation in June was 0.4% </p>
<p>  The most notable rise in food prices last month was 0.7%. Most products added to the price of vegetables, although the category as a whole decreased by 0.1%. Leaders in carrots, beets and potatoes also increased the cost of onions, fresh cabbage and canned vegetables. The fruits started to cost 3% less – the cheapest grapes, only 10%. Only bananas and fruits and canned berries rose in price </p>
<p>  <strong> In Russia </strong> in June, annual inflation was 2.3% after 2.4% in May. Thus, last month in Russia, food and non-food products rose 0.4% and services by 0.7% </p>
<p>  <strong> In Ukraine </strong> annual inflation slowed in June at 9.9% and 11.7% in May. Last month, prices started to grow less quickly than before, mainly because of the seasonal slowdown in food prices in the summer. Compared to May, food prices fell by 0.5% in June </p>
<p>  Ukraine is the only neighboring country that exceeds Belarus in terms of inflation. </p>
<p>  Consumer price <strong> in the eurozone </strong><strong>  in the EU countries </strong> increased last month by 2% year-on-year, reports Eurostat. The lowest annual inflation in June was recorded in Ireland (0.7%), Greece (1%) and Denmark (1.1%). Most importantly, this indicator is found in Romania (4.7%), Estonia (3.9%) and Hungary (3.2%). </p>
<p>  By way of comparison: <strong> in Lithuania </strong> the annual inflation in June was 2, 6%, in Latvia 2.7%, <strong> in Poland </strong> – 1.4 %. </p>
<p>  The annual inflation <strong> in Britain </strong> in June was 2.4%, as well as two a month later, is taken from the report of the National Statistical Office of the country </p>
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