Armenia grows most in industrial output in CIS

Armenia posted the most growth of industrial output year-on-year in January-September – 11.6%, the Commonwealth of Independent States Inter-State Statistics Committee said, Interfax reports. Tajikistan had 10.4% industrial output growth and Belarus 7.7%. The figure for Russia was 2.9% and for Kazakhstan 0.5%.

Industrial output contracted 33.9% in Kyrgyzstan, 3.5% in Azerbaijan, and 1.2% in Ukraine. The committee does not provide January-September numbers for Uzbekistan,Turkmenistan, or Moldova.

Belarus had the highest inflation rate for the nine months – 16.1%.

Inflation was 5.6% in Tajikistan, 5.2% in Russia, 3.9% i Kazakhstan, 3.1% in Kyrgyzstan, and 2.4% in Moldova.

Prices were down 0.3% for the period in Ukraine, 1.5% in Armenia, and 2.7% in Azerbaijan.

For the region generally, industrial output increased 5.2% in January-September.

Show More
Back to top button