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Azerbaijani population's income increases by more than 6% this year

The growth rate of per capita income exceeded inflation by 1.4 percentage point

Baku. 13 August. REPORT.AZ/ In January-July of the current year, the Azerbaijani population's income increased by 6.4 % and amounted to 23.6 billion manats compared to the same period of the previous year. Report informs referring to the State Statistics Committee, the volume of per capita average income constituted to 2 484,1 manats or 354,9 manats per month.

The growth rate of per capita income exceeded the increase of consumer prices by 1.4 percent point and made 5.1%.

During this period, 74.1% of revenues was spent on consumer spending, while 9.3% on taxes, social insurance and membership fees, 2.6% on the payment of interest on loans. Also, 14.0% of them aims to increase deposits and capital.

The population's income increased by 6,5% and amounted to 21.4 billion manats compared to the same period last year.

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