Growth dynamics of nonoil sector has increased this year

16:09 - 8.07.2019

July 8, Fineko/abc.az. The turnover of the nonoil sector increased by 8% for the first 5 months of 2019 versus the 2018 same term.

Growth in VAT turnover makes up 9.6%.

The Ministry of Taxes informs that higher growth rates were recorded in the trade and catering sector.

Thus, the turnover in the wholesale trade sector grew by 18.4%, including VAT turnover by 24.6%. In the retail sector turnover grew at a higher rate - by 37.3%, including VAT by 38.2%.

And growth makes up 20.6% in the turnover of public catering.

 

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