Stagnation in Industry Continues

In the four months since the beginning of this year in Azerbaijan's industrial production reached 11,275 million manat, which in comparable prices by 0.7% less than in the same period of 2012. Turan was told in the State Statistics Committee.

The share of non-oil sector in the industrial production index, with the index of 2,250 million manat, was 20%. In the non-oil industry saw growth of 2.8%, while the decline in the oil sector at 1.5%.

State-owned enterprises produced products worth $ 2.3 billion manat, which is 7.8% higher than for the same period in 2012. In this case, the non-state sector, the volume of industrial production (about 9 bn) fell by 2.6%. This mite has made the mining industry, where production fell by 2.3%. The share of the mining industry accounts for 8,362 million or 74.1% of the industrial production.

The processing industry produced goods worth a total of 2,177 million manat, which is 10.2% more than in January-April 2012. The bulk of manufacturing production was developed in the food area (854.4 million manat, +4.7%), petroleum products (689.5 million manat, +13.4%), building materials (105.1 mln AZN, +25.5%) and metallurgy (AZN 103.1 million, +24.4%).

Several areas (finished metal products, rubber and plastic products, machinery and equipment, electrical equipment, wood, etc.) saw decline in the production. - 08D-