Consumer market in Azerbaijan grows by over 4%

From January through March 2022, the monetary value of goods and services sold to meet the needs of consumers in Azerbaijan reached 13.4 billion manats, 4.4% more than in the first three months of 2021, Report informs, citing the State Statistics Committee.

In the first three months of 2022, the monetary value of goods and services sold by non-governmental sector entities increased by 4.5% compared to the same period last year and amounted to 12.9 billion manats, of which 46.1% was formed by the activities of individual entrepreneurs.

During the reporting period, a consumer spent an average of 444.7 manats per month, or 62 manats more in nominal terms compared to the same period in 2021.