Azerbaijan IPI index increases

Azerbaijan IPI index increases
# 20 December 2013 12:33 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 100.4% in November, 2013, up 2.8 percentage points compared to October.

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 November (AZN 2.754 billion) divided by industrial output for October (AZN 2.743 billion)

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