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Kazakhstan taking lead in inflation rate in May in EAEU

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BM.GE
22.06.22 15:30
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Kazakhstan is taking lead in the Eurasian Economic Union (EAEU) on the inflation rates in May, reports the statistics agency.

“In May 2022, compared to April, the consumer price index amounted to 101.4% in Kazakhstan, 100.7% in Belarus, 100.3% in Kyrgyzstan, 100.1% each in Armenia and Russia,” said the report.

The annual inflation rate in the EAEU states in May 2022 was 17.1% in Russia, 17% in Belarus, 14% in Kazakhstan and Kyrgyzstan, and 9% in Armenia.

The information notes that food and non-alcoholic beverages have risen in price most of all in Russia- by 22%, alcohol and tobacco - in Belarus by 17%, housing and communal services tariffs - in Belarus, by 14%, KazTag reports.