CIS Statistics Committee: Uzbekistan leads on industrial output growth in 1H

The committee said that the growth of industrial output in Uzbekistan made up 8.1% year-on-year in the first half of 2014.

Industrial production in Kyrgyzstan grew by 7.2% in the reporting period, Moldavia – 4.2% (in January-May), Tajikistan – 2.9% and Russia – 1.5%.

Armenia’s industrial growth was equal to zero in the first half of 2014. The industrial production declined by 4.7% in Ukraine.

Industrial production also dropped in Kazakhstan (-0.4%), Belarus (-1%) and Azerbaijan (-2.4%). The committee said it has no data for Turkmenistan.

In average industrial output in the CIS area rose by 0.7% in January-June 2014, transportation – 1.4%, retail trade turnover – 3.5% and investments into fixed capital slipped by 2.1%.

The highest inflation rate was recorded in Ukraine (11.6%) and Belarus (10.2%). Inflation in Kyrgyzstan was 5.9% in January-June 2014, Russia and Kazakhstan – 4.8% each and Tajikistan – 4.5%, as well as Moldavia – 2.2%.

Prices fell in Armenia by 0.9% and Azerbaijan – by 1.3%. The committee added that it has no data on inflation for Uzbekistan and Turkmenistan.