Bank Of Baku

RSI index sharply rises in Azerbaijan

RSI index sharply rises in Azerbaijan
# 19 January 2012 11:23 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) was 145.1% in December, 2011, up 50.2 percentage points compared to November. This figure was 94.9% in November, 100.7% in October, 100.7% in September, 101.4% in August, 101, 99.6% in July, 97.1% in June, 118.3% in May, 82.3% in April, 115.9% in March, 94.5% in February, 73.5% in January, APA-ECONOMICS reports quoting the State Statistics Committee.

RSI is calculated as a comparison between the sales value and previous month’s indexes. The Retail Sales Index was AZN 1,991.4 mln in December, AZN 1,372.4 mln in November, AZN 1,446.5 mln in October, AZN 1,436.2 mln in September, AZN 1,325.5 mln in August, AZN 1,307.8 mln in July, AZN 1,312.8 mln in June, AZN 1,348.2 mln in May, AZN 1,139.6 mln in April, AZN 1,384.4 mln in March, AZN 1,156.9 mln in February, AZN 1,224.1 mln in January.
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