CIS countries show average industry growth of 5% over four months

ITAR-TASS News Agency
June 3, 2005 Friday

MOSCOW, June 3

Average industrial production in the CIS countries grew five percent
over the period from January through April 2005 compared with the
same period of 2004, Prime Tass economic news agency said on Friday,
quoting a report by the CIS Interstate Statistics Committee.

Industrial production in Russia grew by 4.2 percent over this period,
it said.

For comparison, the average industrial production growth in the CIS
was nine percent over the period of January through April 2004 versus
the same period in 2003, Prime Tass said.

Azerbaijan was the leader with a 15.8-percent growth rate.

Belarus was the second with an 11.2-percent growth of industrial
production over the period under review.

Georgia showed industrial growth at the level of 8.7 percent over the
first four months of the year compared with the same period in 2004.

Kazakhstan and Tajikistan showed the same figures, as their industrial
production rate increased by 7.3 percent.

Ukraine showed a 6.7-percent growth, Moldova – 5.1-percent growth
and Russia was next on the list.

It was followed by only two countries – Armenia with a 2.6-percent
growth and Kyrgyzstan, where the industrial production rate fell 7.1
percent in the designated period, Prime Tass said.

Statistics services of Turkmenistan and Uzbekistan did not submit
information to the CIS Interstate Statistics Committee.