According to the report that ranked 10 CIS countries (except Uzbekistan and Turkmenistan), the average inflation for the CIS area was 17%, up 7% on a year ago.
Country |
Inflation |
Ukraine | 25,2% |
Kyrgyzstan | 24,5% |
Azerbaijan | 20,8% |
Tajikistan | 20,4% |
Kazakhstan | 17,0% |
Belarus | 14,8% |
Russia | 14,1% |
Moldova | 12,7% |
Georgia | 10,0% |
Armenia | 9,0% |
In Azerbaijan, inflation was 16.7% in 2007, 8.3% in 2006, 9.6% in 2005 and 6.7% in 2004.