Armenia posts 1.5% deflation versus 4% inflation throughout CIS in 9 months

Economy

YEREVAN, November 9. /ARKA/. Armenia posted 1.5% deflation in January-September 2012 compared to the analogical period last year, versus an average 4% inflation registered throughout the CIS (Commonwealth of Independent States), according to the Interstate Statistical Committee of the CIS.

Within the mentioned period, the deflation was also reported in Azerbaijan and Ukraine at 2.7% and 0.3 % respectively.

At the same time, consumer prices rose 0.8% in Armenia in September from August (average 0.5% throughout the CIS). The other CIS members reported inflation in January-September 2012 compared to the same period a year earlier, according to the source.

Within the reported period, the highest inflation rates were posted in the following states: Belarus- 16.1%, Russia- 5.2% and Tajikistan- 5.6%, Kazakhstan-3.9%,  Kyrgyzstan- 3.1% and Moldova- 2.4%. There is no information available about Turkmenistan and Uzbekistan. —0-

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