Bank Of Baku

Azerbaijan IPI index increases

Azerbaijan IPI index increases
# 19 March 2012 09:19 (UTC +04:00)
Baku. Vahab Rzayev – APA-ECONOMICS. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 95.7% in February, 2012, up 5.0 percentage point compared to January.




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 February (AZN 2.934 billion) divided by industrial output for January (AZN 3.065 billion).
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