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Retail turnover of food products in Azerbaijan increases

Business Materials 15 February 2021 14:54
Retail turnover of food products in Azerbaijan increases

BAKU, Azerbaijan, Feb.15

By Fidan Babayeva - Trend:

The total retail turnover of food products in Azerbaijan in January 2021 amounted to over 1.4 billion manat ($820 million), Trend reports referring to the State Statistical Committee.

According to the committee, this figure grew by 1.9 percent compared to the same month of 2020.

In January of this year, 52.8 percent of the funds spent by the population fell on food.

The average monthly retail trade turnover per capita amounted to 316.3 manat ($186.05) in January 2021. The volume of industrial production in Azerbaijan in January 2021 amounted to 3.6 billion manat ($2.1 billion), which is 3.4 percent less than in January 2020.

Meanwhile, the cost of products sold in retail chains in the country made up 3.2 billion manat ($1.9 billion), down by 1.4 percent compared to the same month of last year.

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Follow the author on Twitter: @Fidan_Babaeva

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