Bank Of Baku

RSI index declines in Azerbaijan

RSI index declines in Azerbaijan
# 19 September 2012 11:45 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) was 98.2% in August, 2012, up 2.5 percentage points compared to July.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover during August, 2012, made AZN 1,375.2 mln, and AZN 1,400.7 mln in July.

Decline of RSI in August is connected with growth in July. .






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