Bank Of Baku

Industrial production decreased in Azerbaijan

Industrial production decreased in Azerbaijan
# 12 December 2022 13:37 (UTC +04:00)

Industrial institutions and individual entrepreneurs operating In Azerbaijan produced industrial products worth 80 billion manats in January-November 2022, or 1.1 percent less than in the corresponding period of 2021, APA-Economics reports citing the State Statistics Committee.

During the reporting period, production in the oil and gas sector decreased by 2.2 percent, while in the non-oil and gas sector increased by 5 percent.

According to the information, 76.1 percent of the industrial output is produced in the mining sector, 20.1 percent in the processing sector, 3.2 percent in the electricity, gas and steam production, distribution and supply sector, and 0.6 percent in the water supply, waste treatment, and processing sector. done.

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