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Baku catering sector turnover increase by more than 25%

Economy Materials 27 June 2023 11:14 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 27. The turnover of the catering sector in Baku increased by 27.2 percent from January through May 2023 compared to the same period in 2022 - up to 558.1 million manat ($328.2 million), Trend reports.

According to the Baku City Statistics Department, the turnover of legal entities in the catering sector amounted to 305.1 million manat ($179.4 million), or 54.7 percent of the total turnover, during the reporting period.

Meanwhile, the turnover of the catering sector in Baku increased by 44.2 percent in 2022 compared to 2021 - to 1 billion manat ($588.2 million), while the volume of trade turnover in Baku in 2022 increased by 5 percent compared to 2021 and amounted to 30.8 billion manat ($18.1 billion).

In 2021, the turnover of the catering sector in Baku increased by 29.2 percent compared to 2020 and amounted to 643.6 million manat ($378.5 million).

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