Belarusian economy exhibiting sustained positive dynamics

Thus, inflation amounted to 2.1% in the first quarter of the year. This figure lies within the forecast range, the Ministry of Economy noted. The rise in prices this year has already included the traditional price hike of seasonal vegetables, housing and utilities, as well as some excise duties. Therefore, it is expected that inflation rates will slow down further on. In general, the economy has grown by 4.1%. The drivers are industry, agriculture, construction and retail trade. Exports are also on the upswing. The growth rate is not high, but export prices are recovering after having lost lost about 13% at the end of last year. This means that it's becoming more profitable to sell domestic goods abroad.