Azerbaijan industrial production index drops in April

Azerbaijan industrial production index drops in April
# 18 May 2010 10:40 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 100.8% in April, compared to 113% in March, 85% in February, according to APA-Economics calculations on data released by the State Statistical Committee.

This index accounts for the bulk of the variation in national output over the duration of business cycle, i.e. industrial output for April in value terms (AZN 2.459 billion) divided by industrial output for March (AZN 2.440 billion).

The State Statistical Committee said AZN 9.6 billion worth of industrial output and services were produced during January-April, up 5.2% on the same period last year.
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THE OPERATION IS BEING PERFORMED