Azerbaijan IPI index increases sharply

Azerbaijan IPI index increases sharply
# 27 April 2012 08:42 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 114.7% in March, 2012, up 19.0 percentage point compared to February.




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 3.365 billion) divided by industrial output for January (AZN 2.934 billion).
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THE OPERATION IS BEING PERFORMED