Azerbaijan’s 11-month economic growth accelerates yr/yr

14:00 | 16.12.2015
Azerbaijan’s 11-month economic growth accelerates yr/yr

Azerbaijan’s 11-month economic growth accelerates yr/yr

Azerbaijan’s economy expanded by 3.1 percent year on year in the first 11 months of 2015, faster than a year earlier when gross domestic product grew by 2.2 percent, according to a State Statistics Committee report published Tuesday.

The driver of the economic growth was non-oil industries, which rose by 4 percent, the report said.

Azerbaijan pumped 0.4 percent less crude oil and 6.3 percent more marketable natural gas during the period.

Consumer prices grew by 3.7 percent.

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