Azerbaijan tops CIS growth
Azerbaijan remains the leader in the Commonwealth of Independent
States (CIS) for economic growth.
The country's Gross Domestic Product growth amounted to 16.5% in the first half of 2008. It made up 10.3% in neighboring Armenia, according to the CIS Statistics Committee.
The highest inflation was observed in Tajikistan and Ukraine, which both posted a 28.8% increase. These two countries are followed by Azerbaijan, with 20.2%, and Kazakhstan, with 19.1%. Inflation constituted 15.5% in Moldova, 14.2% in Belarus, 11.4% in Georgia and 9% in Armenia.
The country's Gross Domestic Product growth amounted to 16.5% in the first half of 2008. It made up 10.3% in neighboring Armenia, according to the CIS Statistics Committee.
The highest inflation was observed in Tajikistan and Ukraine, which both posted a 28.8% increase. These two countries are followed by Azerbaijan, with 20.2%, and Kazakhstan, with 19.1%. Inflation constituted 15.5% in Moldova, 14.2% in Belarus, 11.4% in Georgia and 9% in Armenia.
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