Good reserves index in retail trade sector decreases in Azerbaijan

 Good reserves index in retail trade sector decreases in Azerbaijan
# 23 December 2013 12:31 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of November, 2013, the goods reserves index in retail trade enterprises made 97.0%, down 13.8 percentage points in comparison with October, 2013, State Statistical Committee told APA.

The index is accounted as the comparison of the worth of good reserves in retail trade organizations to analogical indexations in previous month.

At the same time, if the index is below 100%, it indicates that good reserves decreased in monthly comparison. So, the goods reserves volume in retail trade organizations was AZN 228.6 mln as of December 1, 2013, AZN 235.6 mln as of November 1, 2013.

Experts of Ekonomist magazine say that two key factors can influence decrease of good reserves index: “These are growth of sale and weakening of good supply. In the case that we mentioned above, good reserves decline can occur as a result of weakening of good supply. Because of copmared to October, the retail trade turnover droped to AZ 1,593.5 mln from AZN 1,763.6 mln in November”.

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