Baku, Azerbaijan, Aug.19
By Huseyn Veliyev - Trend:
In January-July 2014 the total volume of industrial production (volume of goods and industrial services) in Azerbaijan amounted to 19.8 billion AZN, which is 2.1 percent less than the same period of last year, states the report of the State Statistics Committee of Azerbaijan.
"The non-oil sector of Azerbaijan in this period showed an increase of 4.4 percent, oil sector decreased by 2.7 percent compared with the same period of 2013", says the report.
During the reporting period the volume of production in the mining industry exceeded 13.3 billion AZN with specific weight of 72.5 percent in the whole industrial production, which is 2.6 percent less than the same period of last year.
Oil production in January-July 2014 amounted to 24.9 million tonnes and natural gas production reached 10.7 billion cubic meters. Oil production saw a 2.2 percent decrease compared to the same period of 2013 while gas production increased by 4.6 percent.
The volume of production in the manufacturing industry for seven months of this year amounted to 4.3 billion AZN, which is 2.5 percent less than the same period of last year.
Production, distribution and supply of electricity, gas and steam amounted to 5.3 percent of the total volume of industrial production, while water supply, treatment and recycling of waste products reached 0.6 percent.
The official exchange rate for August 19 is 0,7842 AZN / USD.