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Thursday, 27 October 2016


Georgia has the lowest inflation, according statistics

2011-08-30 15:22

Georgia has the lowest inflation, according statistics. 21390.jpegGeorgia takes the last among the countries of the former Soviet Union in terms of inflation. According to "Business-Georgia", such data was announced by national statistics agencies of the countries of the former Soviet Union. The experts compared the growth of consumer prices in these countries during the first seven months of 2011. In particular, as statisticians noted, in Sakartvelo, prices for this period fell 0.7 percent.

As found by experts, Belarus has taken the first place on the inflation rate with an indicator of 41 percent. The second and third places - Tajikistan (7.7 percent) and Kyrgyzstan (6.9 percent).

Next on the list on inflation followed by Kazakhstan - 5.6 percent, Russia - 5 percent, Moldova - 4.9 percent, Ukraine - 4.6 percent, Latvia - 3.8 per cent, Lithuania - 2.9 percent, Estonia - 2, 7 percent. Azerbaijan's inflation rate for the period totaled 1.7 percent, in Armenia - 0.4 percent.

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