RSI index falls in Azerbaijan

RSI index falls in Azerbaijan
# 22 July 2013 14:16 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) made 98.8% in June 2013, down 19.0 percentage points compared to May.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover made AZN 1,581.0 mln in June and AZN 1,598.9 mln in May.

As it seems, the index is above 100%, which shows that retail trade fell in April than April.

Note that, in January-June, the volume of retail trade rose 9.1%. Moreover, average monthly retail trade made AZN 1.463 bln, while it was AZN1.511 mln in the first half of 2013. So, that index soared 3.3%.

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