Household incomes grew by 4.8% and prices by 0.6%

12:15 - 14.06.2024

June 14, Fineko/ Over Jan-May 2024, nominal incomes of the population in Azerbaijan increased by 4.8% compared with Jan-May 2023. The consumer price index in the country grew only by 0.6% during this period.

ABC.AZ reports with reference to the State Statistics Committee that the income per inhabitant for 5 months of 2024 reached 3,130.6 manats.

In general, the incomes of 10,193,600 people in the country for Jan-May grew by 5.3% compared with Jan-May 2023 up to 31.899 bn manats.

Country’s retail trade turnover amounted to 21.465 bn manats and showed an increase of 3.3% year-on-year.