In January-March this year, the volume of industrial production in Azerbaijan amounted to 5 billion 792 million manat, which at current prices was by 29% (2 362 million AZN) less than in the first quarter of 2014.
According to the State Statistics Committee, the volume of industrial production for the period increased at stable prices by 3.9%. In other words, the statistical growth was achieved due to the increase in output.
In the non-oil sector, the volume of industrial production amounted to 1 billion 850,700,000, which in comparable prices was by 9% more than in January-March 2014. In March, the industrial production increased compared to February by 12.8%.
The mining industry accounts for 58.7% (over the same period in 2014 - 71.8%), and the processing industry - 30.9% (21%), etc. -----08D
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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