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Population per head income exceeds inflation by 10 percentage points

Population per head income exceeds inflation by 10 percentage points

24 January 2012 08:51 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. Population income rose 19.6% to AZN 30.6 bln in 2011.

State Statistical Committee says per head income increased by 18.1% to AZN 3,383.8 and made 282. Growth rate of per head income exceeded the consumption prices by 10.2 percentage points.

63.3% of income was directed to consumption, 7.9% - to social insurance and voluntary membership due, 27% - to increase of deposits and capitals. Populationâ€™s remaining income made AZN 28.2 bln, up 20.5% from year earlier.

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