Azerbaijan’s economy expanded by 1% year-on-year in January-August, edging higher from a 0.9% growth in January-July but easing from a 4.3% rise in the same period last year. The non-oil and gas sector rose by 2.6%, while the oil and gas sector fell by 2.1%. On the production side, the main contributors to the GDP growth were industry (34.9%), trade and vehicle repair (10.3%), transportation and warehousing (7.1%), agriculture, forestry, and fishing (6.3%), and construction (6.3%).
Reprinted from tradingeconomics，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now