You're reading: Ukraine posts biggest industrial growth in CIS

KYIV, Apr. 3 – Ukraine has registered the highest annual industrial output growth among the Commonwealth of Independent States (CIS) at 16.7 percent, a CIS statistics agency announced.

The 16.7 percent growth figure was derived from compared statistics for the first two months of 2000 and 2001, the Interfax news agency reported.

The Interstate Statistics Committee noted that it had no figures for Turkmenistan or Uzbekistan.

Kyrgyzstan showed growth of 15.4 percent, Tajikistan 12.9 percent, Armenia 11.4 percent, Kazakhstan 9.8 percent, Azerbaijan 6.6 percent, Moldova 4.5 percent, Russia 3.1 percent and Belarus 1.8 percent. Georgia showed a decrease of 13.5 percent, the report said.

GDP went up 8.2 percent in Azerbaijan, 10.9 percent in Armenia, 0.6 percent in Belarus, 7.4 percent in Kyrgyzstan, 6.4 percent in Tajikistan and 7.6 percent in Ukraine. In Russia production and services in the key industries rose 3.5percent. GDP rose 1.9 percent in Georgia, 9.6 percent in Kazakhstan, 1.9 percent in Moldova and 4 percent in Uzbekistan.

Belarus saw the highest inflation on the consumer goods market in February at 3.9 percent.

Inflation was 2.3 percent in Russia, 1.3 percent in Kyrgyzstan, 1.2 percent in Tajikistan, 0.7 percent in Kazakhstan, 0.6 percent in Azerbaijan, Georgia and Ukraine, and 0.3 percent in Moldova, the Committee reported. Prices in Armenian dropped 0.9 percent during the month.