July food, beverage industry total income up 6.8%

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Positive annual growth rates were recorded for bar sales (17.0%)‚ other income (16.9%) and food sales (5.5%).

Stats SA publishes the results for the monthly survey of food and beverages from a new sample drawn in April 2013 which replaces the previous sample that was drawn in April 2012. The sample is drawn from a business register of enterprises with an annual turnover of at least R1m and that are required to register with the South African Revenue Service for value added tax.

In July 2013‚ positive annual growth rates were recorded for catering services (8.5% and contributing 1.5 percentage points)‚ takeaway and fast-food outlets (7.8% and contributing 2.8 percentage points) and restaurants and coffee shops (5.5% and contributing 2.5 percentage points).

Total income increased by 9.1% for the three months ended July 2013 compared with the three months ended July 2012. The main contributors to this increase were takeaway and fast-food outlets (11.4% and contributing 4.1 percentage points); and restaurants and coffee shops (8.0% and contributing 3.6 percentage points).