Updated at 18:18,16-07-2018

Belarus Had Second Highest Rise in Consumer Prices Among Post-Soviet Countries


Belarus had the second highest rise in consumer prices among the post-Soviet countries in the first 11 months of the year, according to a BelaPAN survey of the countries' official data.

Belarus had the highest increase of 6.1 percent in the first quarter of the year. Ukraine took the unenviable lead after the first four months and Russia got ahead of Belarus after June. In October, Belarus was again ahead Russia.

During the 11-month period, consumer prices reportedly increased by 11.3 percent in Ukraine, by 8.7 percent in Belarus, by 8.4 percent in Russia, by 5.6 percent in Kazakhstan, by 4.8 percent in Tajikistan, by 4.5 percent in Armenia, by 3.1 percent in Georgia and by 1.5 percent in Lithuania.

Consumer prices reportedly decreased by 0.1 percent in Azerbaijan, by 0.5 percent in Moldova, by 0.7 percent in Latvia, by one percent in Kyrgyzstan and by two percent in Estonia.

In Uzbekistan, consumer prices reportedly rose by 4.2 percent in the first six months. No data were available for Turkmenistan.

Belarus was seventh in the growth of consumer prices in November, sharing the place with Russia where consumer prices also rose by 0.3 percent. The two countries were behind Azerbaijan with a rise of 1.3 percent, Armenia with 1.2 percent, Ukraine with 1.1 percent, Moldova with one percent, Kyrgyzstan with 0.6 percent and Kazakhstan with 0.5 percent. They were followed by Georgia and Tajikistan where prices increased by 0.2 and 0.1 percent, Lithuania where they remained unchanged and Estonia and Latvia where they fell by 0.2 and 0.7 percent, respectively.

No data were available for Uzbekistan and Turkmenistan.