Bank Of Baku

Production of electronic products rises 63% in Azerbaijan

Production of electronic products rises 63% in Azerbaijan
# 05 October 2011 09:35 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In January-August, 2011, production of computer, electronic and optical products, electrical equipments stood at AZN 100.3 mln.

State Statistical Committee says that cost of the mentioned products in the country increased by 62.6% compared to a year ago.

“Production of electrical equipments rose 12.3%, as well as production of power transformers rose 30., TV sets – 2.1 times, refrigerators – 4.5% during the reporting period”, the committee said.

At the same time, as of September 1, 2011, AZN 14.7 mln-stock of finished goods or 6.1% of finished stock was in warehouses of enterprises. Cost of finished products rose 44.1% compared to a year ago.
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