In January 2025, EAEU countries reported an overall inflation rate of 1.2%. The lowest inflation was in Kyrgyzstan at 0.6%, while Armenia led with 1.4%. Food prices increased by 1.3% overall, with varying changes in specific product prices across countries.
In January 2025, the consumer price index across the Eurasian Economic Union (EAEU) recorded an overall inflation of 1.2 percent. This assessment, conducted by the Eurasian Economic Commission (EEC), examines monthly inflation rather than annual rates, focusing on the prices of various popular goods and services.
Among the EAEU member states, Armenia led with a monthly inflation rate of 1.4 percent, followed closely by Russia at 1.2 percent, and Kazakhstan at 1.1 percent. Notably, Kyrgyzstan reported the lowest inflation rate at 0.6 percent, with Belarus slightly higher at 0.7 percent, marking these as the only two countries where monthly inflation did not exceed 1 percentage point.
The EEC’s analysis indicated that meat prices experienced a decline of 1.2 percent in Armenia during January. In contrast, slight increases were observed in Belarus (0.1 percent), Kyrgyzstan (0.6 percent), Russia (0.7 percent), and Kazakhstan (1.1 percent) regarding meat and meat product prices.
Concerning bread prices, Kyrgyzstan experienced the smallest increase at 0.2 percent, while Armenia saw a 0.3 percent rise, followed by Belarus at 0.4 percent, Kazakhstan at 0.8 percent, and Russia at 1 percent. Overall, food products in EAEU nations became 1.3 percent more expensive within the same month.
In summary, January 2025 data revealed that Kyrgyzstan recorded the lowest inflation rate among EAEU countries at 0.6 percent, while the overall inflation across the region was 1.2 percent. Armenia, Russia, and Kazakhstan reported higher rates of 1.4, 1.2, and 1.1 percent, respectively. Notably, meat prices fell in Armenia, while food items across the EAEU saw an average price increase of 1.3 percent.
Original Source: 24.kg