Baku/16.09.13/Turan : For the first eight months of this year, the pace of industrial production in Azerbaijan amounted to 100.6 %.
According to the State Statistics Committee , 6 % growth achieved by products processing industry. Small breakthrough in industrial production can be seen as a positive trend , as for the whole industry in 2012 decreased 2.3%.
In January -August, industrial production reached 22.5 billion manat. At the same time , the gross industrial product for the reporting period amounted to 18.4 billion manat, which is 0.2 % less than in the comparable period of 2012.
The public sector produces industrial production in the volume of 4.2 billion manat. This is 6% more than in the first eight months of 2012 . The share of private sector accounts for 81.3 % ( 18.3 billion manat ) of industrial product. Non-state sector slowed down production by 0.6 % , the State Statistics Committee told Turan .
The share of the mining industry ( 16.7 billion manat) in the structure of industrial goods from the beginning of the year was 74.3 %. The production of hydrocarbons and metals declined 0.4 %.
The volume of manufacturing production was 4,457 million manat. Of these, 38.4 % accounted for by the food industry. Since the beginning of the year in the amount of oil produced 1.4 bn (+7.2 %).
In some areas of the industry registered a decline in the level - the production of tobacco products (8.3 mln) fell by 32.5 % , apparel ( 24.9 million manat) - 30.3 % , clothing ( AZN 19 million ) - 10.7%.
Decreased the amount of wood products (AZN 2.6 mln) - 13.8 %, paper and cardboard (AZN 10 million) - 11.9 %, rubber and plastic products (40.5 million manat) - 12.1% etc. Venture for the production of finished steel products output decreased by 49 %. These enterprises production amounted to 60.6 million manat.
According to official data, in the first eight months of 2013, investments in the creation and development of industrial enterprises amounted to 4.5 billion manat. This is 42% more than in the same period of 2012. - 08D-
Economics
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