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Currency Shock Could Empty Store Shelves in Belarus

25.02.2021, 14:09 Economists predict a shortage of goods in the country s consumer market. Another state campaign on administrative price management has begun in Belarus. Suppliers of foodstuffs and medicines were instructed to practically zero out the rise in prices. However, because of this decision, the shelves in stores can also be zeroed, naviny.online writes. The Administrative Path to Fair Prices Inflationary processes in Belarus have noticeably increased in recent months. The authorities expected inflation to be 5% in 2021, but in January the situation turned out to be completely different - the growth of prices in the consumer market in annual terms accelerated to 7.7%.

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