In January 2025, Kyrgyzstan experienced the lowest inflation rate in the EAEU at 0.6%, contrasting with Armenia’s 1.4%, Russia’s 1.2%, and Kazakhstan’s 1.1%. The overall inflation rate in the EAEU was 1.2%. Food prices rose by 1.3% in the region, with significant differences in inflation dynamics among the member states.
In January 2025, the lowest inflation rate among the EAEU countries was observed in Kyrgyzstan, where the consumer price index reached a notable 0.6 percent. The overall inflation rate within the EAEU was recorded at 1.2 percent, as reported by the Eurasian Economic Commission (EEC), which analyzed prices of widely consumed goods and services rather than annual rates.
Armenia had the highest inflation rate at 1.4 percent, followed by Russia at 1.2 percent, and Kazakhstan at 1.1 percent. Notably, both Kyrgyzstan and Belarus maintained monthly inflation rates below the 1 percent threshold, making them the only two countries in the EAEU to do so.
Examining specific commodity price changes, the EEC notes that prices for meat and meat products in Armenia decreased by 1.2 percent. Conversely, Belarus saw a slight increase of 0.1 percent, while Kyrgyzstan, Russia, and Kazakhstan experienced increases of 0.6 percent, 0.7 percent, and 1.1 percent respectively.
The price of bread in Kyrgyzstan increased marginally by 0.2 percent, which was the lowest among the EAEU nations. In comparison, Armenia’s bread prices rose by 0.3 percent, followed by Belarus at 0.4 percent, Kazakhstan at 0.8 percent, and Russia at 1 percent. Overall, food products across the EAEU countries increased in price by 1.3 percent during January.
In summary, Kyrgyzstan reported the lowest inflation rate among EAEU countries in January 2025, at 0.6 percent. This is contrasted by higher rates in Armenia, Russia, and Kazakhstan. While prices for specific goods varied, the overall trend showed a moderate increase in food prices across the region. The data indicates notable differences in inflation dynamics among the EAEU member states, emphasizing the relative stability of Kyrgyzstan and Belarus.
Original Source: 24.kg
