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 June (AZN 3,190.7 million) divided by industrial output for May (AZN 2,635.9 million).
Azerbaijan industrial production index increases
21 July 2011 09:22 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 121% in June, 2011, up 6 percentage points compared to a year ago, APA-Economics reports according to 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 June (AZN 3,190.7 million) divided by industrial output for May (AZN 2,635.9 million).
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 June (AZN 3,190.7 million) divided by industrial output for May (AZN 2,635.9 million).
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