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Industrial producer prices increase in Azerbaijan

Business Materials 16 November 2015 18:50 (UTC +04:00)
The industrial producer price index increased by 1.2 percent in Azerbaijan in October 2015 compared to September, the Azerbaijani State Statistics Committee said Nov. 16.
Industrial producer prices increase in Azerbaijan

Baku, Azerbaijan, Nov. 16

By Anvar Mammadov - Trend:

The industrial producer price index increased by 1.2 percent in Azerbaijan in October 2015 compared to September, the Azerbaijani State Statistics Committee said Nov. 16.

During this period, producer prices in the mining industry increased by 1.6 percent, while reduced by 0.8 percent in the manufacturing industry.

The producer prices for crude oil extraction increased by 1.6 percent in October 2015.
The producer prices remained unchanged in the field of production of other products compared to September.

During this period, the prices in the chemical industry reduced by 6.9 percent, construction materials - by 2.1 percent, oil products - by 1.5 percent, wood processing and manufacturing of wood products - by 0.7 percent, tobacco production - 0.1 percent.

The prices in the beverage production increased by 3.5 percent, food products - by one percent, the production of rubber and plastic products - by 0.6 percent, furniture - by 0.2 percent in October.

No changes were observed in the prices on production, distribution and supply of electricity, gas, steam and water in October 2015.

The official exchange rate is 1.0506 AZN/USD Nov. 16.

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