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Trade turnover increases in Baku

Business Materials 31 October 2019 20:04 (UTC +04:00)

BAKU, Azerbaijan, Oct. 31

By Kamala Mammadli - Trend:

Trade turnover in Baku from January through September 2019 compared with the corresponding period in 2018 increased by 3.4 percent and amounted to almost 15 billion manat ($8.7 billion), Trend reports referring to the Baku City Statistics Department.

Compared to the corresponding period of 2018, the prices of food products, drinks and tobacco products sold through Baku retail network increased by 2.9 percent and exceeded 6.8 billion manat ($3.9 billion), the volume of non-food products increased by 4 percent and exceeded 8.1 billion manat ($4.7 billion).

As much as 28.6 percent of consumer products were sold through legal entities, 47.3 percent in retail facilities owned by individual entrepreneurs and 24.1 percent in Baku trading markets.

($1= 1.7 manat on Oct. 31)

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