Bank Of Baku

CSI decreases sharply in Azerbaijan

 CSI decreases sharply in Azerbaijan
# 20 February 2014 13:17 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. In January, 2014, Construction Spending Indicator (CSI) was 13.2% in Azerbaijan. It was 184.7% in December, 2013.

 

CSI is calculated as a comparison between the construction investment and previous month’s similar indicator.

 

 

Totally, AZN 31.8 mln was invested in house construction in January, 2014, up 14.0% from previous year. 

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