In January of the current year inflation in Belarus in annual terms amounted to 4.5%. This is another historical minimum. Inflation in Belarus is below 5%. This is the reference point which the National Bank planned to reach only by 2020. In the main areas of monetary policy for the current year, the goal is to achieve the inflation rate (according to the CPI) – not more than 6%.What factors could influence such an essential delay of inflation? What else can happen with the inflation?