Belarus’s governor predicts inflation will fall
Belarus’s central bank governor Pavel Kallaur predicted the country’s inflation will soon come down from its current double-digit rates.
“Our forecasts are optimistic. We expect that the inflation has passed its peak and will be slowing down gradually,” said Kallaur, according to a report from official wire service Belta on October 24.
Consumer price index inflation was 17.4% year on year in September, according to official figures. The central bank raised its refinancing rate by 275 basis
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