Bank Of Baku

RSI index rises in Azerbaijan

RSI index rises in Azerbaijan
# 23 August 2012 08:07 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) was 100.7% in July, 2012, up 5.6 percentage points compared to January.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover during July, 2012, made AZN 1,400.7 mln, and AZN 1,390.4 mln in June.

Rise of RSI in July is connected with seasonal factors.
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