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RSI index sharply falls in Azerbaijan

RSI index sharply falls in Azerbaijan

19 February 2013 10:34 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) made 69.9% in January 2013, down 77.1 percentage points compared to December.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover made AZN 1,481.7 mln in January and AZN 2,119.7 mln in December.

As it seems, the index is below 100%, which shows that trade soared in monthly comparison. This happens always and it is connected with sharp activity of purchasers during New Year holiday.

In 2012, average monthly retail trade turnover made AZN 1.463 bn. The volume of retail trade rose 9.1% in January.

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