Azerbaijani population’s purchasing power increases by 2.5% during a year
Baku, Azerbaijan, Oct. 17
By Maksim Tsurkov - Trend:
The income of the Azerbaijani population increased by 5.4 percent and reached 27.2 billion AZN in January-September 2014 compared to the same period of last year, the Azerbaijani State Statistics Committee's report as of the first nine months of this year says.
The income growth per capita amounted to four percent at an annual inflation rate of 1.5 percent, the report says.
The purchasing power of the population increased by 2.5 percent compared to the same period of last year.
The population's residual revenues hit 24.7 billion AZN or by 5.9 percent more compared to the same period of last year.
The official exchange rate is 0,7843 AZN/USD Oct. 17.