Bank Of Baku

Azerbaijan IPI index continues to decrease

Azerbaijan IPI index continues to decrease
# 20 November 2013 14:49 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 97.6% in October, 2013, down 0.5 percentage point compared to September.

 

 

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 October (AZN 2.743 billion) divided by industrial output for September (AZN 2.811 billion)

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