Politics Materials 5 October 2006 12:02 (UTC +04:00)

In January to August 2006 the GDP calculated through the consumption method comprised 8,636,1m manats, or 16.1% down as compared to the GDP ratio calculated by the State Statistics Committee through the production method

For the first time over the past period there was observed in the special weight of investment consumption in the total amount of aggregate consumption from 42.6% January to August 2005 to 42% in January to August 2006.

Special weight of aggregate consumption demand fell from 43.6% in the first half of 2005 to 46.6% in January August 2006.

Public consumption grew both in absolute and relative prices. The expenses for purchase of goods and services rose by 38.2% as compared to 2005, while the special weight grew from 5.2% to 8.2% in the structure of consumption

In January to August local production failed to cover domestic demand, while import covered the considerable part of demand. As to foreign demand on local export product it remains to be high, while the export sector speeds up.

The special weight of export in GDP dropped from 8.6% in January to August 2005 to 3.2% in January to August of 2006.