Azerbaijan industrial production index decreases sharply

Azerbaijan industrial production index decreases sharply
# 21 October 2011 09:42 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 80.6% in September, compared to 39.2% 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 2.321 billion) divided by industrial output for July (AZN 2.880 billion).
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