Azerbaijan industrial production index decreases sharply

Azerbaijan industrial production index decreases sharply
# 18 April 2011 10:46 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 98.1% in March, 2011, compared to 123.4% in February, 99.8% in January, 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 March (AZN 2632.9 million) divided by industrial output for February (AZN 2685.2 million).
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