Russia ranking third in CIS rated on inflation

Russia ranking third in CIS rated on inflation

RBC, 09.08.2005, Moscow 19:44:51.

In the 1st half-year of 2005, Russia ranked third rated on its
inflation rate (13.4 percent) in the CIS compared to the 1st half-year
of 2004, the CIS statistics committee has reported.

According to the committee, in the 1st half-year of 2005,the
highest inflation rate in the CIS was reported from Ukraine (14.1
percent), while Armenia boasted of the lowest inflation rate (2.3
percent). In Azerbaijan, inflation stood at 13.5 percent, in Moldova
at 13.3 percent, in Belarus at 11.5 percent, in Georgia at 9.4
percent, in Kazakhstan at 7.3 percent, in Tajikistan at 7.1 percent,
and in Kyrgyzstan at 4.5 percent. The average CIS inflation rate
amounted to 13 percent.

This said, in June 2005, Russia shared the first place with
Ukraine for inflation (0.6 percent from May 2005), while in most CIS
states, except for Kazakhstan (0.4 percent), Tajikistan (0.3 percent)
and Belarus (0.2 percent), deflation was registered in June 2005
compared with May 2005. No data are available for inflation in
Turkmenistan and Uzbekistan.