Bank Of Baku

Azerbaijan IPI index increases again

Azerbaijan IPI index increases again
# 17 October 2012 11:59 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 100.7% in September, 2012, up 6.5 percentage point compared to August.




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 2.768 billion) divided by industrial output for August (AZN 2.748 billion).
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