Azerbaijan IPI index decreases

Azerbaijan IPI index decreases
# 19 March 2013 13:45 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 89.9% in February, 2013, down 13.9 percentage points 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 September (AZN 2,703 billion) divided by industrial output for August (AZN 3,007 billion)

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