CSI falls in Azerbaijan

CSI falls in Azerbaijan
# 24 November 2010 11:46 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Construction Spending Indicator (CSI) was 119.5% in October, 2010, in Azerbaijan. It was 223.8% in September, 106.6% in August, 55.7% in July, 111% in June, 159% in May, 169% - April, 83.7% - March, 160.6% - February and 34.3% - January, APA-Economics reported quoting the State Statistics Committee.

CSI is calculated as a comparison between the construction investment and previous month’s similar indicator. CSI characterizes the house construction and it is an indicator of personal incomes, buying ability and rate of economic development.


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