Ukraine reports highest industrial output in January

Wednesday, 03 March 2004 15:44:12 (GMT+3)   |  
       

Ukraine reports highest industrial output in January

The CIS Interstate Statistics Committee announced that the highest industrial output in the CIS in January 2004 was recorded by Ukraine with 16.1%. In line with the report, industrial output grew by 14.4% in Georgia, 11.3% in Belarus, 8.9% in Moldova, 8.7% in Kazakhstan, 7.5% in Russia, 4.7% in Tajikistan, 4% in Azerbaijan and 2.2% in Kyrgyzstan while it decreased by 8.9% in Armenia. In January, GDP (Gross Domestic Product) grew by 9.9% in Azerbaijan, 9% in Ukraine, 8.2% in Belarus, 8.1% in Tajikistan, 4.4% in Armenia and 3.9% in Kyrgyzstan. Goods and services production in Russia's core industries also soared by 7.6%. Moreover, the highest inflation was registered in Armenia with 2.5% in January.