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In May Armenia Registers One Of The Lowest Inflation Rates In CIS Ar

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  • In May Armenia Registers One Of The Lowest Inflation Rates In CIS Ar

    IN MAY ARMENIA REGISTERS ONE OF THE LOWEST INFLATION RATES IN CIS AREA

    news.am
    July 31, 2012 | 13:07

    Armenia's 0.8% inflation registered in May 2012 as compared with last
    December is one of the lowest in CIS area.

    As compared with April, prices went down by 1.3% in Armenia, CIS
    statistical committee said.

    Inflation was registered in all CIS states, except for Azerbaijan,
    in May as compared to December 2011. During the mentioned period the
    average inflation in CIS area reached 2%.

    The major increase in consumer prices during the period was registered
    in Belarus (8.5%), Kazakhstan (2.4%), Russia, (2.3%) and Tajikistan
    (2.3%). In Kyrgyzstan inflation made 1.3%, in Moldova - 1.2%, and in
    Ukraine - 0.4%.

    In the same period the consumer prices in Azerbaijan fell by 0.8%.

    Data for Turkmenistan and Uzbekistan is not provided.

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