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Industrial goods reserves index increases in Azerbaijan

Industrial goods reserves index increases in Azerbaijan

26 November 2013 14:38 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of November 1, 2013, good reserves index in industrial production made 1.1%. According to APA-Economics’ calculations, this index was -7.3% in October.

Good reserves index reflects the dynamics of finished product reserves in the storehouses of enterprises within a month. Positive index indicates that good reserves increased in the storehouses.

Note that, AZN 262.5 mln-finished goods reserves remained at the storehouse of industrial enterprises as at November 1, 2013, up AZN 2.8 mln compared to the October, 2013.

Generally, growth of finished food reserves in the storehouses indicates decrease of consumption. So that, in October, the production in the industrial sphere dropped to AZN 2.579 bln from AZN 2.670 bln.

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