For the first quarter of this year in Azerbaijan's industrial production reached 8,553 million that in comparable prices by 1.8% less than in the same period of 2012.
The share of non-oil sector in the industrial production index with over 1.64 billion manat was 19.2%. In the non-oil industry saw growth of 2.9%, while in the oil sector, on the contrary, the decline at the same level, the State Statistics Committee told Turan.
The share of mining industry accounts for 6.4 bn AZN or 75% of industrial production. Since the beginning production in this area has decreased compared to the first quarter of 2012 by 3.8%.
In the processing industry produced goods worth 1.6 billion manat, which is 10.4% more than in January-March 2012. The production of food products increased by 0.9%, beverages - 17.1%, tobacco products - 11.8%, clothing - 31.1%, leather, leather products and footwear - 79%, paper and cardboard - 5, 2%, oil products - 14%, chemical products - 0.6%, construction materials - 62%, furniture - 3.4 times. - 08D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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