Bank Of Baku

Azerbaijan posts 7% drop in processing industry in January-April

Azerbaijan posts 7% drop in processing industry in January-April
# 22 May 2009 15:15 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The processing industry contracted by 6.9% in Azerbaijan during January-April, said the State Statistical Committee.

Of this, 59.4% was performed by the private businesses and households.

The State Statistical Committee said there was 18.9% growth in the production of foodstuffs including meat, fish, candy, sugar, beer, tea and other products.
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