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.