Azerbaijan posted industrial output of AZM13.32 trillion ($2.8 billion) in the first nine months of 2001, up 5.4% year-on- year, the country’s state statistics committee confirmed last week. The biggest increase of 32.6% was noted in the production of machinery and equipment, followed by a 31.3% rise in the production of leather and leather goods, 13.6% for optical and electrical equipment and 6.4% for sprits and tobacco.

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