Tajikistan Had the Highest Economic Growth Among the CIS countries in January

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The industrial production in the countries of the Commonwealth of Independent States (CIS) increased by 1.3%, according to CIS Statistical Committee, which compared trends for the month of January in 2018 and 2019.

In January 2019, consumer prices in the CIS countries increased by 1% and prices for manufactured goods rose by 2.4%. The largest growth of consumer prices was observed in Armenia (1.7%), Uzbekistan (1.5%) and Moldova (1.3%), and the smallest growth in Azerbaijan (0.2%), Kyrgyzstan (0.4%) and Kazakhstan (0.5%).

The highest GDP growth in January among the CIS countries was in Tajikistan (7.3%), Turkmenistan (6.2%) and Armenia (5.2%), the smallest growth was seen in Belarus (0.7%), Russia (2. 3%) and Azerbaijan (2.9%).

In closing of last year, CIS witnessed an over 6% rise in consumer prices. Industrial product prices likewise increased, but by 11.4%. The volume of industrial output increased by 3.4%.

Source: National information agency of Tajikistan