Advertise your job vacancies

Subscribe & Follow

Food and beverage income climbs

Total income from the food and beverages sectors in South Africa increased in nominal terms (current prices) by 4.2% year-on-year (y/y) in June‚ according to data from Statistics South Africa.

19 Aug 2014

Revenue from fast foods and takeaways, restaurants and coffee shops increased by 5,9% year-on-year in June. Image: Steers

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 same three months last year. The main contributors to this increase were takeaway and fast-food outlets‚ 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