Bank Of Baku

Inflation makes 4.5% in January-November, Azerbaijan

Inflation makes 4.5% in January-November, Azerbaijan
# 14 December 2010 07:52 (UTC +04:00)
Baku. Vahab Rzayuev – APA-Economics. In January-November, 2010, AZN 36.6 bln-GDP was produced and 4.5% or AZN 1.4 bln growth was observed compared to a year ago, said State Statistical Committee.

According to SSC, GDP has increased 3.4% in production, 6.2% in services sphere. GDP’s 53.9% was produced in industrial spheres, 7.3% in construction complex, 4.9% in agriculture, hunting and forestry, 6% in transport, 8.1% in trade and payable services, 1.9% in communication and 11% in other spheres.

Per head GDP made AZN 4 096.4 or $ 5 101.4 during the same period, up 3.2% compared to a year.

GDP has risen 5.9% in non-oil sector, 2.6% in oil sector.
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