EMBASSY OF UZBEKISTAN TO THE UNITED STATES
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NEWS AND EVENTS
August 13, 2009
GDP in CIS countries down by 9% in 1H 2009
The gross domestic product (GDP) decreased by 9% in January-June 2009 in comparison with the similar period of last year in the countries of the Commonwealth of Independent States (CIS), according to the CIS Interstate Statistics Committee.

According to the Committee, industrial manufacture in the CIS countries in the first six months of 2009 fell by 15%, investments into fixed capital - by 15%, and volume of transportation of cargoes by transport enterprises (excluding pipelines) - by 20%.

Retail goods turnover decreased by 4% and the price indexes of manufacturer of industrial goods - by 5%. Consumer price indexes have grown by 13%.

According to the department, industrial production in June 2009 in comparison to June 2008, on average, in the Commonwealth countries has decreased by 12% (it increased by 2% in June 2008).

According to the statistical data, freight traffic in the first half of 2009 was considerably reduced in connection with recession in the economy of the majority CIS countries.

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