Bank Of Baku

Azerbaijan industrial production index increases in September

Azerbaijan industrial production index increases in September
# 26 October 2010 09:00 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 100.9% in September, compared to 100.2% in August, 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 in value terms over the duration of business cycle, i.e. industrial output for September (AZN 2.098 billion) divided by industrial output for August (AZN 2.080 billion).

The State Statistical Committee said AZN 20 409.8 million worth of industrial output and services were produced during January-September, 2010.
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