Bank Of Baku

Azerbaijan industrial production index increases in January

Azerbaijan industrial production index increases in January
# 18 February 2011 14:35 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 98.8% in January, 2011, compared to 78.8% in December, 2010, according to APA-Economics calculations on data released by the State Statistical Committee.




This index accounts for the bulk of the variation in national output in value terms over the duration of business cycle, i.e. industrial output for January (AZN 2.175.6 million) divided by industrial output for December (AZN 2.179 million).





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