Belarusian December Core Inflation amounted at 1.8%
OREANDA-NEWS. February 27, 2012.
Staple food prices went up 1.8% on the month in January; non-food prices increased 1.6%, and service prices went up 2.3%.
Core inflation is close to basic monetary indicators and does not depend on variables, especially seasonal factors and administratively-controlled price-formation.
Core inflation is the key benchmark for monetary strategies; many countries of the world have their central banks calculate the core consumer price index [in