Industrial production in Azerbaijan decreased by 4,5% during January-October

Industrial production in Azerbaijan decreased by 4,5% during January-October
  • Clock-gray 12:35
  • calendar-gray 12 November 2020

The industrial products worth AZN 30,7 bln. or 4,5% less compared to relevant period of 2019 were produced in Azerbaijan during January-October of 2020 by industrial enterprises and individual entrepreneurs functioning in this area, the State Statistics Committee told APA-Economics.

This decline occurred at the expense of decrease by 6,1% of manufacture of products in oil and gas sector, while the manufacture of products in non-oil and gas sector of the industry increased by 11,5%.

60,3% of industrial product was manufactured in mining and extraction sector, 33,6% - in processing sector, 5,2% - in electric, gas and steam energy generation, distribution and supply sector, while 0,9% - in water supply, waste purification and processing sector.

The commercial oil production in mining and extraction sector decreased by 7,6%, while the commercial gas production increased by 7,3%.

Mirsaid İbrahimzade

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