ASHGABAT May 24 Consumer prices in Turkmenistan
rose 1.8 percent in the three months to March 2011, the state
statistics committee said on Tuesday, without providing a
comparative figure for inflation in the same quarter of 2010.
Full-year 2010 inflation in Turkmenistan was 4.8 percent.
Turkmenistan, a reclusive former Soviet state sitting on the
world's fourth-largest natural gas reserves, rarely discloses
its economic indicators. Official data are often viewed with
scepticism by outsiders.
Turkmenistan's economy grew by 14.4 percent in the first
quarter of 2011 from a year earlier, President Kurbanguly
Berdymukhamedov said on April 11. [ID:nLDE73A136]
The International Monetary Fund forecasts the economy, which
relies heavily on gas exports, will grow 9.0 percent this year
versus 9.2 percent in 2010. The European Bank for Reconstruction
and Development forecasts 10.0 percent economic growth in 2011.
(Reporting by Marat Gurt, writing by Robin Paxton; editing by