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Azerbaijan Economic Growth Accelerates to 3.1% in First Quarter

Azerbaijan's economy expanded 3.1 percent in the first quarter from 2012 as surging non-energy output outweighed a decline in oil and natural gas production.

The non-oil economy grew 11 percent in the first three months. The Caspian Sea nation's gross domestic product expanded 2.2 percent in 2012.

Source: Bloomberg

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