OREANDA-NEWS. October 19, 2012. Belarus’ core inflation was at 0.8% in September 2012, 13.3% in January-September, a representative in the National Statistics Committee told.

In Belarus, core inflation rate reached 118.1% in January-December 2011.

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 Belarus it is calculated by the National Statistics Committee].