Bank Of Baku

RSI index rises in Azerbaijan

RSI index rises in Azerbaijan
# 21 August 2013 08:54 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Retail Sales Index (RSI) made 100.2% in July 2013, up 1.3 percentage points compared to June.

 

RSI is calculated as a comparison between the sales value and previous month’s indexes. Total retail turnover made AZN 1,583.6 mln in July and AZN 1,581.0 mln in June.

 

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

 

Note that, in January-July, the volume of retail trade rose 9.3%.

 

 

 

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THE OPERATION IS BEING PERFORMED