Bank Of Baku

Azerbaijan sees 3.8% growth in industrial production in January-August

Azerbaijan sees 3.8% growth in industrial production in January-August
# 16 September 2010 12:24 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s industrial production reached AZN 18.3 billion during January-August, up by 3.8 compared with a year ago., said the State Statistical Committee.

Of this, 82 % was private sector, 93.4% industrial goods, 6.6% industrial services.

SSC says crude oil production rose 2.2% to 34.3 mln tons, natural gas climbed 0.9% to 11.3 cbc.

According to State Statistical Committee, the 76.5% of industrial output was produced in mining sector, 18.2 % in processing sector, 4.7% in electric energy sector, 0.6% in water supply.
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