Belarus still holds the leadership in inflation rate among post-Soviet nations

Consumer prices reportedly rose by eight per cent in Belarus during the period compared with 4.4 per cent in Russia, 3.2 per cent in Armenia, 2.8 per cent in Kazakhstan, 2.5 per cent in Estonia, 1.6 per cent in Tajikistan, 1.3 per cent in Moldova, 1.2 per cent in Kyrgyzstan, 0.5 per cent in Azerbaijan, 0.2 per cent in Latvia, and 0.1 per cent in Ukraine. 

Consumer prices did not change in Lithuania and fell by 0.9 per cent in Georgia and by 1.7 per cent in Turkmenistan. No data were available for Uzbekistan. 

In the self-proclaimed Republic of Transdniestria (Transnistria), Moldova, consumer prices reportedly rose by 2.4 per cent. 

With an increase of one per cent, Belarus had the highest rise in consumer prices in July, compared with a 0.8-per cent increase in Russia, a 0.4-per cent increase in Armenia, and a 0.2-per cent increase in Kazakhstan. Consumer prices fell by 0.1 per cent in Tajikistan, Ukraine and Estonia, by 0.3 per cent in Kyrgyzstan and Latvia, by 0.7 per cent in Azerbaijan and Lithuania, by one per cent in Moldova and by 1.3 per cent in Georgia. 

Belarus had the highest inflation among the post-Soviet nations in 2011 and 2012, with a 108.7-per cent and a 21.8-per cent rate, respectively, reports BelaPAN.