Armenia has 2nd highest growth in industrial output among CIS countries

Armenia has had the second highest growth in industrial output among CIS countries during the first half of 2010, a survey by Russian newspaper ??? daily has revealed. Kyrgyzstan is the first in the list with 41.8 per cent growth.

Industrial output in Armenia has been 12.3 per cent.

Other CIS countries in the list are Ukraine (12%) Tajikistan (12%), Kazakhstan (11%), Russia (10.2%), Belarus (8.8%), Moldova (6.6%).

The lowest indicator has been registered in Azerbaijan - 3.5%.

In picture with inflation rate for the first half f 2010 in the CIS countries is as follows: Ukraine (9.8%), Kyrgyzstan (2.9%), Kazakhstan (7.1%), Moldova (6.9%), Belarus (6.6%), Tajikistan (5.3%) and Azerbaijan (4.9%).

Inflation in Armenia during the period under discussion has been 7.3 per cent.