Baku, Azerbaijan, June 17
By Zulfiyya Qurbanova - Trend:
The total industrial production volume (a volume of produced goods and rendered industrial services) in Azerbaijan totaled 14.1 billion manats for January-May 2014, which is 2.1 percent less than in the same period of last year, the Azerbaijani State Statistics Committee.
Azerbaijan's non-oil sector in this period showed an increase of 3.4 percent, while the oil sector reduced by 3 percent compared to the same period of 2013," according to the report.
A high increase in the production of food, clothing, construction materials, furniture and other spheres was observed in Azerbaijan's non-oil sector in January-May.
During the reporting period, the volume of production in the mining industry was 10.3 billion manats with a weight of 73.3 percent of entire industrial production, which is 2.2 percent less than in the same period of last year.
Oil production amounted to 17.8 million tons, and natural gas - 7.6 billion cubic meters in January-May 2014. Oil production declined by 2.1 percent, while gas production increased by 3.4 percent compared to the same period of 2013.
The production volume in manufacturing industry amounted to 2.9 billion manats with a weight of 20.5 percent, which is 6.7 percent less than in the same period of last year.
Production, distribution and supply of electricity, gas and steam hit 5.6 percent of a total volume of industrial production, while water supply, treatment and recycling of waste - by 0.6 percent.
The official exchange rate is 0.7843 AZN/USD on June 17.
edited by CN