Industrial production decreased in Azerbaijan

Industrial production decreased in Azerbaijan
  • Clock-gray 13:26
  • calendar-gray 13 August 2020

The industrial products worth AZN 21,6 bln. were produced during January-July of 2020 or 2.7% less industrial products compared to relevant period of 2019 were produced by industrial enterprises and individual entrepreneurs functioning in this area, APA-Economics reports citing the State Statistics Committee.

This reduction occurred at the expense of decrease by 4,3% of the product output in the oil and gas sector, while the product output in the non-oil-and-gas sector of the industry increased by 13,0%.

61,0% of the industrial products were manufactured in the mining and extraction sector, 32,7% - in the processing sector, 5,5% - in electricity, gas and steam energy generationç distribution and supply sector, while 0,8% - in water supply, waste purification and processing sector. In the mining and extraction sector, the production of marketable oil decreased by 6,5%, while the production of marketable gas increased by 13,3%.

APA-Economics

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