RosBusinessConsulting, Russia
aug 6 2004

Inflation in CIS reported

RBC, 06.08.2004, Moscow 12:44:19.Inflation amounted to 10
percent on average in the CIS in the first half of this year against
the corresponding period in 2003, the Interstate Statistical
Committee of the Commonwealth of Independent States reported.

The highest inflation rate in the first half of 2004 was in
Belarus, namely 20.8 percent; the lowest rate was in Kyrgyzstan (4.1
percent). As far as growth in consumer prices is concerned Russia is
the third with 10.4 percent. Inflation rate reached 7.5 percent in
Armenia, 7.4 percent Ukraine, 6.6 percent in Kazakhstan, 6 percent in
Azerbaijan, 5.5 percent in Georgia and 5.2 percent in Tajikistan.