Inflation in Belarus 5.7 times higher than CIS average


Inflation in Belarus in the first half of 2011 was 5.7 times higher than the average level of the Commonwealth of Independent States, reported the CIS Statistics Committee.

According to the Committee, during the period, consumer prices rose by 36.2 percent in Belarus, 7.2 percent in Kyrgyzstan, 7.1 percent in Tajikistan, 5.9 percent in Ukraine, 5.1 percent in Kazakhstan, five percent in Russia and Moldova, 3.5 percent in Armenia, and 2.5 percent in Azerbaijan.

Consumer prices in Belarus increased by 8.6 percent in June alone compared with 0.6 percent in Kyrgyzstan, 0.4 percent in Ukraine, 0.3 percent in Kazakhstan, 0.2 percent in Russia and Tajikistan, and 0.1 percent in Moldova.

In Armenia and Azerbaijan, consumer prices reportedly fell in June by 1.4 and 0.9 percent, respectively. //BelaPAN