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Food and beverages industry income up in June

Total income generated by the food and beverages industry in South Africa increased in nominal terms (current prices) by 4.2% year on year (y/y) in June‚ data from Statistics South Africa showed on Monday, 18 August 2014.
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A positive annual growth rate was recorded for food sales (5.9%).

Total income increased by 5.9% in the three months ended June 2014 compared with the three months ended June 2013. The main contributors to this increase were takeaway and fast-food outlets‚ and restaurants and coffee shops.

The food and beverages survey is a monthly survey covering a sample of tax-paying public and private enterprises involved in the preparation of meals and drinks for immediate consumption.

The purpose of the survey is to monitor trends in the food and beverages industry. The figures are also used in the analysis of comparative business and industry performance.


SOURCE

I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
Comment
Smits
May the writer of this article please get in touch with me if they are interested in doing a review on a new product being launched in SA. Thanks
Posted on 19 Aug 2014 07:22

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