CIS statistical committee: 7.3% year-on-year inflation in Armenia in 2010 h1

Economy

YEREVAN, August 5. /ARKA/. Armenia faced 7.3% inflation in the first half of this year, compared with the same period a year earlier, the Statistical Committee of the Commonwealth of Independent States reports.

This is one of the highest indicators among CIS countries.  Year-on-year price rise in CIS countries averaged 7% in Jan-June 2010.
According to the statistical report, prices in Armenia went 0.8% down in June, compared with May.
All CIS countries faced inflation in Jan-June 2010.  Ukraine suffered the highest price rise – 9.8%.
Kazakhstan, with its 7.1% increase, follows Ukraine.

Moldova (6.9%) and Russia with Belarus (6.6%) came after Kazakhstan. In Tajikistan, Azerbaijan and Kyrgyzstan prices climbed 5.3%, 4.9% and 2.9%.  No data on Turkmenistan and Uzbekistan are available. -0–

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