Azerbaijan IPI index continues to decrease

Azerbaijan IPI index continues to decrease
# 19 December 2012 13:46 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan’s industrial production index (IPI), a measure of real production output, made 90.7% in November, 2012, up 8.4 percentage points compared to October.

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 2.487 billion) divided by industrial output for August (AZN 2.742 billion)

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THE OPERATION IS BEING PERFORMED