Bank Of Baku

Lag in Azerbaijan’s oil sector drops to 5%

Lag in Azerbaijan’s oil sector drops to 5%
# 13 June 2012 07:56 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In January-May, 2012, the volume of products and services in Azerbaijan’s industrial sector amounted to AZN 15 bn.

The State Statistical Committee says during the reporting period, non-oil sector rose 8.8%, while oil sector dropped 5.1%.

77.5% of production fell on share of mining, 17.1% - processing, 4.9% - electricity, gas and steam production, distribution and supply, 0.5% - water supply, waste treatment and processing spheres.
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