Bank Of Baku

Azerbaijani population increases consumer spending by 9%

Azerbaijani population increases consumer spending by 9%
# 18 June 2011 12:22 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The sold goods and consumed payable services to the population made AZN 8.1 bln during January-May, 2011, up 9.4% from year earlier.

Sate Statistical Committee says population’s purchaser power increased during the same period. So that, each citizen consumed average AZN 179.7 consumer goods and payable services.

“73.5% of real growth rate on consumption market came from retail trade, 4% - from catering, 22.5% - from paid services”, said the Committee.
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