Increase observed in Belarus during July
Consumer prices in Belarus experienced a modest increase in July 2025, with the overall consumer price index rising by 0.2% compared to June 2025 [2][3]. This monthly increase was in line with expectations, marking a 7.4% increase year-on-year [2][3].
Food goods prices showed a slight rise, increasing by approximately 0.02% month-on-month [1]. However, on an annual basis, food prices posted the sharpest increase at 10.6%, followed by services (7.6%) and non-food goods (3%) for the year-on-year comparison [2][3].
The services sector saw a more significant monthly increase of about 0.7%, reflecting a stronger price rise in this category [1]. Notable price jumps were recorded in bank services (2.30%), cargo transportation for individuals and goods delivery (3.44%), and sanatorium and health services (2.52%) [1].
Some goods like coffee experienced a notable price jump, increasing by 2.3% in July month-on-month and 14.5% year-on-year, influenced by external factors such as tariffs [5]. Other goods that saw price increases include mascara, apples, halva, semi-dry/semi-smoked sausage, seafood, instant coffee, natural ground coffee, canned fish in tomato sauce, natural honey, and hot water supply [1].
Weekly newspaper prices rose by 1.99% in July 2025 compared to June, and prices for non-stick frying pans increased by 2.23% during the same period [1]. International tourism services prices also increased by 1.60%, while international passenger rail services, postal services, and prices for international cargo transportation increased as well [1].
Carrot prices and prices for international passenger rail services increased in July 2025 compared to the previous month [1]. The prices for natural ground coffee, canned fish in tomato sauce, and sanatorium and health services also increased during this period [1].
In summary, the largest monthly price increase in July 2025 in Belarus was in services (0.7%), followed by almost stable food prices (0.02%) and a 0.1% rise in non-food goods. Year-on-year, food prices increased the most (10.6%), marking it as the key sector driving overall inflation [1][2][3].
[1] Belarusian Statistics Committee [2] National Bank of Belarus [3] Central Bank of the Russian Federation [4] World Bank [5] Customs Union Tariff Commission
The rise in bank services was notable, increasing by 2.30% within the services sector, demonstrating a significant price increase in this area of personal-finance [1]. Additionally, advancements in technology may impact future trends in business and personal-finance by streamlining transactions and providing new investment opportunities [4].
