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"The Spring Will Jump Out": The Economist Predicted an Increase in Prices for Some Goods in Belarus

27.04.2021, 11:20
Trade and manufacturers will be forced to compensate for the losses.
Prices for some goods have been frozen in Belarus; however, where there is no state regulation, they rise noticeably. What will be the dynamics of inflation in Belarus?
Charter97.org discussed this with
Baris Zhaliba, Doctor of Economics.
- If there is no state regulation for some goods, then prices rise due to inflation. The prices that have been fixed are at a standstill, which gives an additional impetus to the growth of prices for other goods.
Trade still needs to get some kind of profit, to be profitable, so it begins to play out this fixation and raise prices for goods that have not been frozen by the authorities. ....

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