Tajikistan stands 4th among former Soviet republics in terms of consumer price rising

DUSHANBE, December 1, 2008, Asia-Plus  — Compared to January-October 2007 the index of consumer prices in Tajikistan for the first ten months of this year has amounted to 113.1 percent, according to figures provided by the State Committee for Statistics.

Taking into account these figures and the consume price indexes (CPI) calculated by national statistical agencies of other former Soviet republics, one may rank Tajikistan 4th among the former Soviet republics in terms of consumer price rising. 

The highest percent change in CPI in the year to November 1 2008 has been reported in Ukraine – 18 percent, which is followed by Kyrgyzstan (16.6 percent) and Azerbaijan (15.7 percent).

In the Russian Federation, consumer prices rose 11.6 percent in the year to November 1, 2008, Latvia – 11.5 percent, Belarus – 10.5 percent, Kazakhstan and Lithuania – 8.8 percent each, Moldova and Estonia – 7.5 percent each, Georgia – 5.3 percent, and Armenia – 4.9 percent.  

Turkmen and Uzbek national agencies do not provide CPI data. 

A consumer price index (CPI) is a measure of the average price of consumer goods and services purchased by households.  It is one of several price indexes calculated by national statistical agencies. The percent change in the CPI is a measure of inflation.  The CPI is, along with the population census and the national income and product accounts, one of the most closely watched national economic statistics.

We will recall that over the same ten-month period, an average monthly inflation rate in consumer’s sector of Tajikistan has amounted to 1.31 percent, while over the same period of 2007 the average monthly rate in consumer’s sector amounted to 1.49 percent. 

Prices of food products rose 15 percent in ten months to November 1 2008.  Prices of nonfoods and paid service rendered to the population have risen over the report period 5 percent and 21.2 percent respectively.

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