Industrial production in Azerbaijan decreased by 1%

Industrial production in Azerbaijan decreased by 1%
In January-October of this year, industrial enterprises in Azerbaijan and individual entrepreneurs operating in this field produced 73.3 billion manats or 1% less industrial products compared to the same period last year.

Qazet.az reports that the State Statistics Committee has released information about this.

According to information, production in the oil and gas sector decreased by 2.1% in the last 1 year, while it increased by 5.6% in the non-oil and gas sector.

76.4% of the industrial output is in the mining sector, 19.9% in the processing sector, 3.1% in the electricity, gas and steam production, distribution and supply sector, and 0.6% in water supply, waste disposal. produced in the cleaning and processing sector.

In the mining sector, commodity oil production decreased by 5.5%, while commodity gas production increased by 8.6%.