Azerbaijan’s industrial production slightly declines 

Azerbaijan’s industrial production slightly declines  From January through September this year, industrial enterprises and individual entrepreneurs operating in this field manufactured products worth 64.1 billion manats ($37.7 billion), down 0.6% from the previous year, Report informs, citing the State Stati
Industry
October 17, 2022 12:04
Azerbaijan’s industrial production slightly declines 

From January through September this year, industrial enterprises and individual entrepreneurs operating in this field manufactured products worth 64.1 billion manats ($37.7 billion), down 0.6% from the previous year, Report informs, citing the State Statistical Committee.

During the reporting period, production in the oil sector fell by 1.9%, and the non-oil and gas sector increased by 7.2%.

Some 75.8% of industrial products were in the mining sector, 20.4% in the processing sector, 3.2% in the production, distribution, and supply of electricity, gas, and steam, and 0.6% in the water supply, water treatment, and waste processing sector.

Commercial oil production in the mining sector decreased by 5.4%, while marketable gas production rose by 9.8%.

The production, distribution, and supply of electricity, gas, and the steam sector grew by 3.8%, and the water supply, water treatment, and waste processing sector ascended by 5.5%.

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