Bank Of Baku

CSI increases sharply in Azerbaijan

CSI increases sharply in Azerbaijan
# 20 December 2012 10:40 (UTC +04:00)

 

Baku. Vahab Rzayev - APA-Economics. In November, 2012, Construction Spending Indicator (CSI) was 116.1% in Azerbaijan. It was 72.5% in October.

 

CSI is calculated as a comparison between the construction investment and previous month’s similar indicator. So, investments directed to apartment building rose 2.2 times in November. 

 

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