Thursday, January 14, 2010

After 25.1% rate in 2008, inflation slows to 5.7% in 2009 in Transnistria

According to data provided by the Transnistrian Economy Ministry, the breakaway region's inflation rate in 2009 stood at 5.7 percent. This number is mild compared to a whopping 25.1 percent registered in 2008 and nearly 30 percent in 2007.

By comparison, the inflation rate in the territory controlled by Chisinau stood at 13.1 percent in 2007 and 7.3 percent in 2008. Final data does not seem to be available for the entire year of 2009, but inflation in the first 11 months of 2009 stood at less than negative one percent.

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