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Armenia Among CIS Countries Facing Highest Year-On-Year Inflation In

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  • Armenia Among CIS Countries Facing Highest Year-On-Year Inflation In

    ARMENIA AMONG CIS COUNTRIES FACING HIGHEST YEAR-ON-YEAR INFLATION IN JAN-SEPT 2010

    ARKA
    November 3, 2010
    YEREVAN

    YEREVAN, November 3. /ARKA/. In Jan-Sept 2010, Armenia was among the
    CIS countries having the highest year-on-year inflation.

    According to the statistical service of the Commonwealth of Independent
    States, Armenia faced 7.8% year-on-year inflation in Jan-Sept 2010
    as price rise in the CIS countries averaged 7%.

    The statistical report states that consumer prices in Armenia went 0.2%
    down in September, compared with August.

    All the CIS member countries faced inflation in Jan-Sept 2010.

    The highest, 9.3% price hike was recorded in Ukraine, Moldova, with
    its 7.2% inflation, follows Ukraine.

    The CIS statistical service says 7% inflation was recorded in
    Kazakhstan, the same inflation rate in Belarus, and 6.4% in Russia.

    Consumer prices rose 5.6% in Tajikistan, 5.2% in Azerbaijan and 4.9%
    in Kyrgyzstan.

    No data on Turkmenistan and Uzbekistan are available.




    From: A. Papazian
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