Bank Of Baku

RSI index soars in Azerbaijan

RSI index soars in Azerbaijan
# 16 April 2013 13:31 (UTC +04:00)

 

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover made AZN 1,683.8 mln in March and AZN 1,365.8 mln in February.

 

As it seems, the index was above 100%, which shows that retail trade soared in monthly comparison.

 

Note that, in January-March, the volume of retail trade rose 9.5%. Besides, montly retail trade turnover reached AZN 1,510 bln in 2013, while it was AZN 1,463 bln in 2012.

 

 

 

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