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Food and beverages industry income up 5.1% year on year in May

21 Jul 2015

Total income in the food and beverage industry increased 5.1% in May 2015 compared with May 2014, Stats SA said on Monday...

Food and beverages industry income up 5.1% year on year in May

The only positive annual growth rate was recorded for food sales (6.1%).

In May 2015, the highest annual growth rates were recorded for takeaway and fast food outlets (7.2% and contributing 2.8 percentage points) and restaurants and coffee shops (5% and contributing 2.3 percentage points).

Total income increased 7.7% in the three months ended May 2015 compared with the three months ended May 2014. The main contributors to this increase were:

takeaway and fast-food outlets (10.4% and contributing 3.9 percentage points); and
restaurants and coffee shops (5.8% and contributing 2.7 percentage points).

Source: BDpro

Source: I-Net Bridge

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