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RSI index falls in Azerbaijan

RSI index falls in Azerbaijan

18 September 2013 09:25 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) made 98.3% in August 2013, down 1.9 percentage points compared to July.

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover made AZN 1,556.8 mln in August and AZN 1,583.6 mln in July.

As it seems, the index dropped below 100%, which shows that retail trade slipped in monthly comparison.

Note that, in January-August, the volume of retail trade made AZN 12.208 bln, up 9.4% from previous year. Besides, average monthly retail turnover made AZN 1.526 bln in January-August, 2013, while this index was AZN 1.463 bln in 2012. Thus, 4.3% growth is observed in that index.

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