TODAY.AZ / Business

Azerbaijan leads CIS for industrial growth

08 November 2006 [22:55] - TODAY.AZ
Azerbaijan and Belarus led the CIS countries in January-September 2006 for industrial growth with 39.2 and 12.2 percent respectively on the same period last year.

Russia's industrial output grew by 4.2 percent, and it thus rates sixth among the CIS countries for industrial growth rate, PRIME-Tass reports with a reference to the CIS Interstate Committee for Statistics.

Industrial output this year through September dropped in Kyrgyzstan by 11.4 percent, in Moldova by seven percent and in Armenia by 1.6 percent.

Moldova showed the highest inflation rate, 9.1 percent, in January-September 2006. Tajikistan rated second with consumer prices growth of nine percent, Russia third, 7.2 percent. Armenia showed the lowest index, 2.3 percent. Itar-Tass

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