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Armenia among CIS countries with lowest average annual inflation

YEREVAN, November 9. /ARKA/. In Jan-Sept 2009, Armenia found itself among the CIS countries with the lowest average annual inflation, the Statistical Committee of the Commonwealth of Independent States reports.

Armenia recorded 2.9% average annual inflation and placed seventh in the CIS list.
According to the statistical report, the Commonwealth’s year-on-year increase in consumer prices averaged 12% in Jan-Sept 2009.

Consumer prices in Armenia grew 0.7% in September, compared with August.
The report says all the CIS countries faced inflation in Jan-Sept 2009.
Moldova’s consumer prices climbed slightly – 0.2%.

Azerbaijan recorded 2.1% price rise.

Tajikistan faced 7.2% inflation and Kazakhstan 7.8%.

The highest increase in consumer prices was recorded in Ukraine – 16.8%, then in Belarus – 13.9%, Russia – 12.5% and Kyrgyzstan – 9.1%.

No data on Turkmenistan and Uzbekistan are available. –0—

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