ARMENIA RANKS AS SECOND CIS STATE REGISTERING LOW PRICES ON CONSUMER PRODUCTS
/PanARMENIAN.Net/
18.08.2009 11:48 GMT+04:00
/PanARMENIAN.Net/ As of the first half of 2009, Armenia ranks as the
second CIS state registering a low GDP and high prices on consumer
goods. Armenian economy reduced its volumes by 16.3%. The highest
GDP fall in comparison with last year was observed in Ukraine
(20.3%). Russia came as the third country in the list (13.4%),
following Armenia.
GDP fall was observed in almost all CIS countries, including Moldova
(6.9%), Georgia (5.9%), Kazakhstan (4.1%) etc. Economic growth in the
above period was registered in Uzbekistan (8.2%), Azerbaijan (3.6%),
Kyrgyzstan and Belarus (0.3%).
In the meantime, industrial production volumes were reduced in all
countries, except Azerbaijan and Uzbekistan. In Russia and Ukraine,
they fell by 31.1% and 14.8% respectively.
Ukraine also tops the list of countries registering high prices on
consumer products (17.6% for the first half of 2009). The second and
third countries in the list are Belarus (14.6%) and Russia (13.1%),
Lenta.ru reports, quoting CIS Statistic Committee’s press release.