RSI index sharply rises in Azerbaijan

RSI index sharply rises in Azerbaijan
# 19 March 2013 10:26 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) made 92.2% in February 2013, up 22.3 percentage points compared to September.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover made AZN 1,365.8 mln in February and AZN 1,481.7 mln in January.

As it seems, though the index rose, it is still below 100%, which shows that retail trade dropped in monthly comparison.

Note that, situation in retail trade is normal within this year. in January-February, the volume of retail trade turnover grew by 8.8%.

#
#

THE OPERATION IS BEING PERFORMED