Retail trade turnover up 3% in Azerbaijan

In January this year, goods worth 3.6 billion manats were sold to consumers in the retail trade network of Azerbaijan, including food products, drinks and tobacco products for 2 billion manats and non-food products for 1.6 billion manats, Report informs citing the State Statistics Committee.

Compared to the corresponding period last year, the retail trade turnover in real terms increased by 2.9%, including food products - by 2.5%, while trade turnover of non-food products, beverages and tobacco products increased by 3.5%.

In the reporting period, 49% of the funds spent by buyers on final consumption goods were for food, 6% for drinks and tobacco products, 14.8% for textiles, clothing and footwear, 5% for motor gasoline and diesel fuel, 4 .7% for electrical goods and furniture, 2.7% for pharmaceuticals and medical supplies, 1% for the purchase of computers, telecommunications equipment and printed products, and 16.8% for other non-food products.

During the reporting period, 26.3% of consumer goods in value terms were sold by trade establishments, 52.2% by individual entrepreneurs, 21.5% at markets and fairs. Trade establishments increased retail sales by 19.6%, individual entrepreneurs decreased sales by 1.5%, and sales at markets and fairs decreased by 2.1%.

The average monthly turnover of retail trade per capita in January this year amounted to 361.7 manats. On average, a resident of Azerbaijan bought food, drinks and tobacco products for 199.1 manats per month, non-food products – for 162.6 manats.