Azernews.Az

By Nigar Abbasova

Azerbaijan recorded an increase of 2.1 percent in the volume of retail trade in January-October 2016. The increase amounted to some $23.9 billion as compared to the index of 2015.

Some 49.8 percent of the total volume was spent for the purchase of food stuff and beverages, while 17.8 percent fell to a share of weaving production.

Garment and electric devices accounted for some 6.6 and 5.7 percent, respectively, while automotive fuel and pharmaceuticals accounted for 5.7 and 1.4 percent.

Nearly 0.8 percent fell to a share of telecommunications and printed output, while some 17.9 percent accounted for other non-food production.

The prices for consumer products and tariffs applied in reference to certain services increased by 1.3 percent in October 2016 as compared to the September rates.

Food-stuff prices increased by approximately 2.3 percent, while prices for non-food production recorded a growth of 1.1 percent.. The cost of paid services increased by 0.2 percent.

Prices for consumer products and tariffs for services increased by 11.6 percent in January-October 2016, while food stuff recorded an increase of 13.4 percent in the reported period.

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Nigar Abbasova is AzerNews’ staff journalist, follow her on Twitter: @nigyar_abbasova

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