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Industrial production increases in CIS

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  • Industrial production increases in CIS

    INDUSTRIAL PRODUCTION INCREASES IN CIS

    RosBusinessConsulting Database
    August 3, 2006 Thursday 11:08 AM EST

    The industrial production of the CIS countries grew by an average
    of 5.5 percent in the first half of 2006 compared to 4.5 percent in
    the same period of 2005, the Interstate Statistical Committee of the
    CIS reports. The highest industrial production growth rates were seen
    in Azerbaijan (41.1 percent), Belarus (12.6 percent) and Turkmenistan
    (22.14 percent). Industrial production dropped by 1 percent in Armenia,
    by 6.8 percent in Kyrgyzstan and by 6.4 percent in Moldova.

    The average industrial output of the CIS countries in June 2006 stayed
    at the same level as May 2006 against the growth of 6.3 percent in
    June 2005. Armenia, Belarus, Kyrgyzstan and Moldova showed an increase
    in output of 2.5 percent, 3.9 percent, 8.3 percent, 19.9 percent and
    8.5 percent respectively.
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