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Azerbaijan’s retail trade turnover increased by nearly 3%

14 November 2022 12:31 (UTC +04:00)

In January-October of 2022, in the retail trade network of Azerbaijan, AZN 40.4 billion worth of food products, drinks, and tobacco products, AZN 17.7 billion worth of non-food goods were sold to consumers, APA-Economics reports citing the State Statistics Committee.

It was noted that retail trade turnover increased by 2,9 %, as well as on food products, beverages, and tobacco products by 2,2 % and non-food products by 3,6 % in comparison to the same period of the previous year.

Compared to January-October 2021, retail trade turnover in real terms increased by 3.4% for enterprises, by 2.1% for individual entrepreneurs, and by 4.0% at markets and fairs.

During the reporting period, in the retail network, per person of the population bought an average of AZN 401.5 per month, including food products, beverages and tobacco products worth AZN 225.6 , and non-food goods worth AZN 175.9.