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Industrial Rise in Azerbaijan Exceeds 40%

Business Materials 14 September 2006 15:16 (UTC +04:00)

In January to August 2006 industrial goods production and delivery of services in Azerbaijan amounted to 8.4bln manats, or 40.5% more than 2005.

The State Statistics Committee told Trend that production rise in oil production made up 50.4%, in oil refinery - 10.7%, chemical industry - 23.8%, metallurgy and manufacturing of metal wares 6.7%, furniture industry 31.3%, food production 4.9%, and production of machines and equipment 34.5%.

95% of total industry fell on goods output and 5% - services. 25% of industrial goods fell n the public sector, 75% - private sector, which rose 4.6% and 58.6% respectively as compared to last year.

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