Bank Of Baku

Purchasing power rises 2.5% in Azerbaijan

Purchasing power rises 2.5% in Azerbaijan
# 15 October 2014 08:42 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-ECONOMICS. In January-September, 2014, the personal incomes rose 5.4% to AZN 27.2 bln, per capita income increased 4.0%.

 

State Statistical Committee told APA-Economics that the population purchasing power raised 2.5%.  

 

70.1% of incomes were spent to consumer needs, 11.8% - the payment of taxes and contributions for social insurance, of interest on credit and 18.1% - to charge.

 

The income in the disposal of population made AZN 24.7 bln, up 5.9% from a year earlier.

 

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