MINSK, 29 December (BelTA) - Belarus is experiencing near-zero inflation this December, Chairman of the Board of the National Bank of Belarus Roman Golovchenko said in an interview to the Belarus 1 TV Channel, BelTA has learned.
“We are seeing a rather anomalous situation for December regarding inflation. It is practically zero over the three weeks of December,” Roman Golovchenko said.
According to him, this is largely influenced by the disinflationary impact from the Russian economy, where food inflation has also slowed significantly. “For now, we do not see any precursors to serious shocks that would lead to a spike in prices for goods, as happened in previous years and in 2025,” the National Bank head emphasized.
The broadcast also highlighted that inflation in 2026 should not exceed 7%, though there were plans to reach 5% as well. “We have not abandoned [these plans]. The 7% threshold is given with a certain margin. Because, after all, there are still many ongoing processes in the world that are not fully understood; economic turbulence has not stopped. But we have not abandoned our goal. What is encouraging is that we are already seeing a certain reduction in pro-inflationary factors towards the end of the year. We will not exceed 7% in 2025 and should decrease even further in 2026,” Roman Golovchenko emphasized.
“We intend to strictly adhere to our inflation plans, at least for core inflation, and take all measures to ensure we do not exceed 5%,” he summarized.
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