Azerbaijan's Jan-July GDP falls 3 pct

August 12, 2016 1:57 PM

15 0

BAKU Aug 12 Azerbaijan's economy shrank by 3 percent year-on-year in January-July, compared with growth of 5.6 percent in the same period last year, the State Statistics Committee said on Friday.

"The decline in gross domestic product in January-July was caused by a decline in services in the construction sector of 30.7 percent," the committee said in a statement.

Also read: U.S. first quarter growth weakest in three years as consumer spending falters

Read more

To category page

Loading...