Bank Of Baku

Azerbaijan ranks the third in CIS area for retail turnover growth

Azerbaijan ranks the third in CIS area for retail turnover growth
# 04 March 2009 14:25 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan was the third among 9 CIS countries (except Georgia, Uzbekistan and Turkmenistan) for the growth in retail turnover. Out of the 9 countries, 6 saw growth in retail sales.

Country

Compared to January 2008

Tajikistan

+ 20,8

Belarus

+ 12,3%

Azerbaijan

+ 10,3%

Kyrgyzstan

+ 8,9%

Armenia

+ 5,9%

Russia

+ 2,4%

Kazakhstan

- 0,1%

Moldova

- 0,7%

Ukraine

- 7,4%


Retail turnover growth was 2% year-on-year on average for the CIS area in January, compared to 17% in the same month last year.
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