Industrial production drops by 2.9% in Azerbaijan

Industrial production drops by 2.9% in Azerbaijan

In January-May 2012 the volume of industrial production made AZN 15bn in Azerbaijan

According to the State Statistical Committee of Azerbaijan, it is a drop of 2.9% over the same period of 2011. 77.5% of industrial production was made in extractive sphere (5.4% drop), 17.1% in processing industry (14.6% growth), 4.9% in electric power and gas sectors (+3.4%). Water supply, waste water cleaning and household waste disposal made 0.5%. (+2.6%).

In the reporting period, the country produced 18.5m tonnes of oil and 7.4bn cubic meters of gas. Power generation made 9.1bn KW/H with the growth on the level of 9.6%. Nonoil production grew by 8.8% and production in oil sector dropped by 5.1%.

 

 

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