DUSHANBE, September 3, Asia-Plus – CIS states’ gross domestic products (GDPs) rose on average 9.5 percent in the year to August 1, 2007,  the CIS Committee for Statistics said.

The volume of production of industrial goods in the CIS states have risen on average by nine percent over the report period.   

Over the first seven months of this year, the highest macroeconomic induces have been reported in Azerbaijan, where gross domestic product rose by 34.5 percent in the year to August 1, 2007.  Compared to January-July 2006, the index of the volume of production of industrial goods in Azerbaijan over the first seven months of this year has amounted 34.7 percent.  

Over the same seven-month period, the highest inflation has been reported in Tajikistan 18.3 percent, while an average inflation in CIS for January-July 2007 stood at 9 percent. 

Tajikistan is followed by Azerbaijan, where inflation for the first seven months of this year stood at 15.9 percent.  In Moldova and Ukraine inflation stood at 11.4 and 11.2 percent respectively.