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Baku's catering sector turnover growing, numbers say

Economy Materials 6 October 2023 10:11 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 6. The turnover of public catering sector in Baku grew by 24.5 percent from January through August 2023 to 872.8 million manat ($513.4 million) year-on-year, Trend reports.

The data of the Baku City Statistics Department show that the turnover of legal entities in the catering sector amounted to 516.4 million manat ($303.7 million), or 59.2 percent of the total turnover from January through August 2023.

Earlier in 2022, the turnover of public catering sector in Baku increased by 44.2 percent to 1 billion manat ($588.2 million) year-on-year, while the volume of trade turnover in 2022 increased by five percent year-on-year to 30.8 billion manat ($18.1 billion).

It should be noted that the turnover of public catering sector in 2021 increased by 29.2 percent year-on-year and amounted to 643.6 million manat ($378.5 million).

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