Hidden Bibliographic Details
| ISBN: | 9781513576534
1513576534
9781513596860
1513596861
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| Notes: | Includes bibliographical references.
Online resource; title from PDF title page (ebrary, viewed July 01, 2015).
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| Summary: | This Selected Issues paper analyzes the causes of the high inflation in Belarus. It estimates the contribution of two factors: (1) exchange rate pass-through and (2) administrative price increases. Residual inflation is used as a gauge for inflation caused directly by demand pressures and inflation expectations. It is found that the administrative price increases are a key driver of inflation, even ahead of demand pressures, which also explain a large share of inflation. Although exchange rate pass-through is found to be high and fast, particularly for unregulated prices, its contribution to inflation has been comparatively modest in recent years owing to the stability of the exchange rate.
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| Other form: | Print version: Republic of Belarus : selected issues. Washington, District of Columbia : International Monetary Fund, ©2015 18 pages IMF Country Reports ; No. 15/137 9781513576534
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| Standard no.: | 10.5089/9781513576534.002
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