February food, beverage industry income up 6.6%
Total income generated by the food and beverages industry rose by 6.6% to R3.5bn in February 2014 compared with the same month in 2013‚ supported by a strong growth in income from food and bar sales‚ Statistics SA figures showed on Tuesday, 22 April 2014.
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This increase compares with the revised 5.5% (5.1%) year-on-year increase seen in January.
Total income increased by 4.0% in the three months ended February 2014 compared with the three months ended February 2013.
In February 2014‚ the highest annual growth rate was recorded for takeaway and fast-food outlets (10.2% and contributing 3.5 percentage points).
Positive annual growth rates were recorded for food sales (7.6%) and bar sales (2.4%).
Source: I-Net Bridge
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