BAKU, Azerbaijan, Oct.5
By Sadraddin Aghjayev - Trend:
The turnover of the catering sector in Baku increased by 13.2 percent or 44.1 million manat ($25.9 million) in real terms from January through August 2021, compared to the same period of 2020, amounting to 334.3 million manat ($196.6 million), Trend reports citing the State Statistical Committee of Azerbaijan.
At the same time, the share of legal entities in this area amounted to 87.6 percent with a turnover of 293 million manat ($172.3 million), and thereby increasing by 38.8 percent or 113.7 million manat ($68.8 million) on annual basis.
In 2020, the turnover of the catering sector in Baku decreased by 59.4 percent in real terms compared to 2019 and amounted to 476.2 million manat ($280.1 million).
Last year, 55.5 percent of the public catering turnover in the private sector accounted for legal entities, 44.5 percent - for individual businessmen. Meanwhile, the turnover of legal entities decreased by 45 percent over the year and amounted to 266.9 million manat ($157 million).
(1 USD = 1.7 AZN on Oct.5)
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