Geopolitics Alpha

State price controls fail to halt four-month inflation climb in Belarus

Published . Updated .

Key takeaways

  • In October, prices in Belarus rose by 4.7%, with services alone rising by as much as 8.7% year-on-year.
  • Exposed: TIP, XLP, WMT, COST, PG
  • Market reaction: XLP +0.9% on the day; TIP −0.2% on the day; PG +1.8% on the day

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State price controls fail to halt four-month inflation climb in Belarus

In October, prices in Belarus rose by 4.7%, with services alone rising by as much as 8.7% year-on-year. Inflation has been accelerating for four months in a row, though slowly.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.3% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-2.0% 10d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+14.1% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • PG The Procter & Gamble+11.5% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • KO The Coca-Cola+9.7% 30d

    The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP+0.09%-0.20%base-0.25%after closeafter closeafter close
XLP+0.84%+2.08%base+0.89%after closeafter closeafter close
WMT+1.78%+2.99%base+0.11%after closeafter closeafter close
COST-1.21%-0.66%base+1.23%after closeafter closeafter close
PG-1.07%+1.20%base+1.81%after closeafter closeafter close
KO+0.20%+0.21%base+0.20%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

State price controls fail to halt four-month inflation climb in Belarus Belsat

Source: Belsat

Price since this story was published: Ishares Tr (TIP)

CompanyWhenMoveStatus
Costco Wholesale (COST)that day+1.23%final price
Costco Wholesale (COST)three days earlier-0.66%final price
Costco Wholesale (COST)five days earlier-1.21%final price
Coca Cola (KO)that day+0.20%final price
Coca Cola (KO)three days earlier+0.21%final price
Coca Cola (KO)five days earlier+0.20%final price
Procter & Gamble (PG)that day+1.81%final price
Procter & Gamble (PG)three days earlier+1.20%final price
Procter & Gamble (PG)five days earlier-1.07%final price
Ishares Tr (TIP)that day-0.25%final price
Ishares Tr (TIP)three days earlier-0.20%final price
Ishares Tr (TIP)five days earlier+0.09%final price
Walmart (WMT)that day+0.11%final price
Walmart (WMT)three days earlier+2.99%final price
Walmart (WMT)five days earlier+1.78%final price
Select Sector Spdr Tr (XLP)that day+0.89%final price
Select Sector Spdr Tr (XLP)three days earlier+2.08%final price
Select Sector Spdr Tr (XLP)five days earlier+0.84%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (TIP)

Companies carried with this story

  • TIP Ishares Tr

    In “State price controls fail to halt four-month inflation climb in Belarus,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLP Select Sector Spdr Tr

    Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “State price controls fail to halt four-month inflation climb in Belarus.” Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    For “State price controls fail to halt four-month inflation climb in Belarus,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    In “State price controls fail to halt four-month inflation climb in Belarus,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    In “State price controls fail to halt four-month inflation climb in Belarus,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • KO Coca Cola

    Coca Cola (KO) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “State price controls fail to halt four-month inflation climb in Belarus.” Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

Ishares Tr (TIP)

On 9 Nov 2026, “State price controls fail to halt four-month inflation climb in Belarus” is the story that connects Ishares Tr (TIP) to this story.

The link for Ishares Tr (TIP) is this: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Also listed, Select Sector Spdr Tr (XLP): Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Dates in the story, and the Ishares Tr (TIP) price range

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. WMT traded between 108.59 and 130.92 across 20 sessions. The latest close on file is 129.23. XLP traded between 80.10 and 82.50 across 6 sessions. The latest close on file is 81.02.

What the saved facts support for Ishares Tr (TIP)

46 out of 100

“State price controls fail to halt four-month inflation climb in Belarus” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.