TODAY.AZ / Business

Azerbaijan's industry grows 52.4%

16 February 2007 [08:50] - TODAY.AZ
Industrial production grew 52.4%, in January, to AZN 14.95bn in Azerbaijan.

State Statistical Committee told the APA that industrial growth was 62.% in oil production, 26.1% in gas output, 4.9 times in rubber and plastic productions, 3 times in engineering, 2.1 times in electronics and optic equipment making, 29.7% in non-metallic mineral production, 8.5% in foodstuff production, 7.8% in oil refining etc.

Services accounted for 5.6% of the industrial production.

The proportion of state sector was 22.3% in the industrial production 3.5% up from last year and the share of private sector was 77.7%, 76.3% up from last year.

165,500 people were employed by industrial enterprises during this period, up 5.9% from a year earlier.

Average monthly wage of hirelings rose 22.6% to AZN 267.3, in mining industry went up 27.2% to AZN 647.6, in processing industry climbed 21.9% to AZN 143, in production and distribution of electricity, gas and water jumped 21.2% to AZN 145.1.


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