In January-July 2023, the nominal volume of industrial production in Azerbaijan amounted to 39.8 billion manats, the real decline is estimated at 1.6% compared to 7 months of 2022. The decline in the production of industrial products in the oil and gas sector amounted to 2.4%, in the non-oil and gas sector an increase of 6.5% was recorded, the State Committee on Statistics (SCS) of the Republic of Azerbaijan. 69.1% of the production volume was accounted for by the extractive industry, 25.7% - processing, 4.4% - the production and distribution of electricity, gas and steam, 0.8% - the sphere of water supply, waste treatment and recycling, the SCS reported

Source: Turan News Agency