Inflation in Belarus soars to over 13 pct in first 8 months this year
Oct 07, 2022
Minsk [Belarus], October 7: Inflation in Belarus amounted to 13.8 percent for the first eight months this year and will soar to 19 percent by the end of the year, President Alexander Lukashenko said at a government meeting Thursday.
Growing prices have neutralized all the efforts to raise wages and pensions, pushing the real income of the population below the level of last year, by about 3 percent, he told officials in charge of economy.
The president blamed Western countries' sanctions and anti-records of inflation in other countries, among other factors, for the rise in prices in his country.
He directed the government to bring the inflation down to 7-8 percent in 2023.
Source: Xinhua
