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Highest economic growth was noted in Azerbaijan among CIS countries

Business Materials 6 July 2006 16:21 (UTC +04:00)

The economic growth in the CIS countries (Commonwealth of Independent States) over the first five month of 2006 was in volume of 6%. Within this period, the highest economic growth in the CIS countries was noted in Azerbaijan 38% and the lowest in Kirghizia 2%. During the accounting period, the growth of the gross domestic product (GDP) was 10,3% in Belarus, 5,3% in Tajikistan and 4% in Ukraine,Trend reports with reference to the Interstate Statistics Committee of CIS.

According to the information of the first quarter of the current year, the GDP growth was 8.4% in Georgia, 7,7% in Kazakhstan, 6,2% in Moldova, 5,5% in Russia and 3,6% in Uzbekistan. In January-May, the average indicator of the growth of consumer prices in CIS countries was 9%.

The highest indicator of the growth of the consumer prices was noted in Moldova 10,8%.

The indicator of the inflation was 10,3% in Russia, 9,3% in Tajikistan, 8,7% in Ukraine, 8,6% in Kazakhstan, 7,5% in Belarus, 6,2% in Georgia, 6,1% in Kirghizia, and 5,6% in Azerbaijan.

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