Prices increased by 6.8% in Q1, 2012
Belarus had the highest inflation rate in Q1, 2012, among the post-Soviet nations.
From January through April, consumer prices reportedly rose by 6.8 percent in Belarus against
2.4 percent in Estonia, 2.3 percent in Lithuania, 2.2 percent in Latvia, 2.1 percent in Armenia, 1.9 percent in Tajikistan, 1.8 percent in Russia, 1.7 percent in Kazakhstan, 1.2 percent in Moldova, 0.7 percent in Ukraine, 0.6 percent in Kyrgyzstan, 0.5 percent in Georgia and 0.1 percent in Azerbaijan.
Consumer prices reportedly increased by 2.7 percent in the first three months of the year in Uzbekistan and fell by 0.8 percent in Turkmenistan. In the self-proclaimed Republic of Transdniestria (Transnistria), Moldova, consumer prices rose by 6.6 percent.
With an increase of 1.7 percent, Belarus also had the highest rise in consumer prices in April, followed by Kazakhstan and Tajikistan with 0.7 percent, Latvia and Lithuania with 0.6 percent, Russia and Estonia with 0.3 percent, and Moldova with 0.2 percent. Consumer prices did not change in Ukraine and fell by 0.03 percent in Georgia, 0.2 percent in Kyrgyzstan, 0.4 percent in Azerbaijan and 0.6 percent in Armenia. No data were available for Turkmenistan and Uzbekistan.
Belarus’ inflation rate of 108.7 percent in 2011 was 12 to 54 times higher than in the other post-Soviet countries. The government initially projected inflation to slow down to 19 to 22 percent in 2012, but Aliaksandr Lukashenka directed in February that the government should revise its inflation projection for the year downward to 13 to 15 percent.
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