PRICES GO UP SLOWLY IN ARMENIA

Panorama.am
18:55 10/02/2007

Armenian reported the slowest pace of industrial product index growth –
0.9 percent, among Newly Independent States (NIS) as of last year.

NIS intergovernment statistics committee reports high rate of growth in
Tafikistan, 22 percent. The indicator was 18.4 percent in Ghazakhstan,
17.7 percent in Azerbaijan, 15.3 percent in Kirgizia, 12.4 percent in
Russia, 12.2 percent in Moldova, 10.9 percent in Georgia, 9.6 percent
in the Ukraine, 8.3 percent in Belarus.

Industrial output indexes grow by 12 percent and consumption prices by
9 percent in average among NIS states. The highest rate of consumption
price index was reported in Moldova, 12.7 percent which is 2.9 percent
in Armenia.

The committee says the stability of consumption prices is conditioned
by higher salaries, real monetary incomes and growth of running
savings.