Belarusian Economic Research and Outreach Center

Economic Outlook - Fourth Quarter 2017

 In this Economic Outlook:

  • Reemergence of domestic demand growth
  • Inflation expectations have hit the rock bottom
  • The external environment has improved, while the trade balance has deteriorated
  • Consumer lending boom
  • Firms have become more optimistic in the labor market
  • Application of administrative tools has ensured an explosive growth of wages with an increase in income inequality