Industrial production growth of CIS countries

Industrial production growth of CIS countries

According to the data released by Interstate Statistical Committee of the CIS, the overall industrial production of the CIS countries increased 9% month on month in March. The figure is 10% higher than the figure of March 2004. Through the first quarter of 2005, Belarus saw the highest industrial production growth with 11.6% year on year. Azerbaijan was second with 10.3%. Tajikistan's production grew 8.2% year on year while Kazakhstan's industrial production grew 7.4%. Georgia and Ukraine saw 7.1% growth in their industrial productions. Russia ranked only the eighth with 3.9% growth. Kyrgyzstan has been the only CIS country which saw a narrowing down in industrial production with 4.7% decline.