Bank Of Baku

RSI index rises in Azerbaijan

RSI index rises in Azerbaijan
# 16 October 2012 11:39 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) was 107.0% in September, 2012, up 8.8 percentage points compared to August.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover during September, 2012, made AZN 1,470.9 mln, and AZN 1,375.2 mln in August.

Rise of RSI in September is connected with the decline, observed in August.
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