Bank Of Baku

Retail turnover rises 9% in Azerbaijan

Retail turnover rises 9% in Azerbaijan
# 21 January 2011 13:29 (UTC +04:00)
Baku. Vahab Rzayev– APA-Economics. Retail turnover in Azerbaijan reached AZN 13.7 billion in 2010, up 9% on the same period last year.

SSC says the each citizen spent 127.6 per month during the same period, up 14.2% from 2009.

foodstuffs were 64.7%, non-foods worth AZN 35.3%, up 7.4% and 12.5% compared with a year ago. Services worth AZN 3.7 billion were consumed in Azerbaijan’s trade and service outlets during this period, up 10.6%,

99.9% of total growth was for private institutions. The retail trade turnover on these institutins made AZN 13.6 bln or 9.1% upper compared wo a year ago.

AZN 417.8 mln of total volume of commodity circulation made the catering establishments’ turnover, up 16.3 from 2009.

Retail trade networ sold AZN 13.3 bln commodity to the population excluding cetaring establishment.
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