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English

Belarus has highest inflation rate among post-Soviet nations in first half of 2013

 

Belarus had the highest inflation rate among the post-Soviet nations in the first half of 2013, according to official statistical data.

Consumer prices reportedly rose by seven percent in Belarus during the period compared with 3.5 percent in Russia, 2.7 percent in Armenia and Kazakhstan, 2.6 percent in Estonia, 2.3 percent in Moldova, 1.6 percent in Tajikistan, 1.5 percent in Kyrgyzstan, 1.2 percent in Azerbaijan, 0.8 percent in Lithuania, 0.5 percent in Latvia, 0.4 percent in Georgia and 0.2 percent in Ukraine.

No data were available for Uzbekistan and Turkmenistan.

In the self-proclaimed Republic of Transdniestria (Transnistria), Moldova, consumer prices reportedly rose by 3.4 percent.

With increases of 0.3 percent, Belarus and Kazakhstan had the third highest rises in consumer prices in June, compared with a 0.5-percent increase in Estonia, a 0.4-percent increase in Russia, a 0.2-percent increase in Latvia, and 0.1-percent increases in Kyrgyzstan and Tajikistan. Consumer prices did not change in Ukraine and fell by 0.1 percent in Armenia, 0.2 percent in Lithuania, 0.5 percent in Moldova, 0.6 percent in Georgia and 1.1 percent in Azerbaijan.

Belarus had the highest inflation among the post-Soviet nations in 2011 and 2012, with a 108.7-percent and a 21.8-percent rate, respectively. //BelaPAN

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