Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Belarus: Pricing affected by high inflation in neighboring nations

According to Belarusian Antimonopoly Regulation and Trade Minister Aleksei Bogdanov, high inflation in neighboring countries is affecting prices in Belarus. Bogdanov: “In January-May 2022, inflation in Belarus totaled 17%. It is less than 17.1% in the Russian Federation. At the same time inflation in Turkey from where we import many fruits and vegetables has already reached 80%. The European market is also in turmoil. Inflation over there exceeded 8% on the average in June. Inflation is virtually 20% in the neighboring Baltic states and Poland. All of it undoubtedly affects the situation in Belarus, too. Because we import some goods from these regions.”

Source: eng.belta.by

 

Photo source: Dreamstime.com

Publication date: