Azerbaijan's economy shrinks in January yr/yr

11:00 | 22.02.2016
Azerbaijan's economy shrinks in January yr/yr

Azerbaijan's economy shrinks in January yr/yr

Azerbaijan's gross domestic product fell 3.3 percent in Jan. year on year as oil production and prices declined.

Crude output dropped 3.9 percent and marketable natural gas output declined 10.5 percent, the State Statistics Committee said.

Industrial production fell 3.1 percent.

Consumer prices climbed 13.6 percent.


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