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Food and beverages income up 3.1% says Stats SA

Measured in current prices‚ total income generated by the food and beverages industry in SA increased by 3.1% in September compared with the same month last year‚ Statistics South Africa said on Monday (18 November).

19 Nov 2013

Revenue for the food and beverages sector rose in the third quarter. Image: cooldesign Free Digital Photos

Positive annual growth rates were recorded for food sales (3.9%) and other income (3.1%)‚ it said.

In September‚ it said revenue for takeaway and fast-food outlets grew by 6.9% and contributed 2.4 percentage points to the figures while restaurants and coffee shops were up by 1.7% and contributed 0.8 of a percentage point to the figures.

Stats SA said total income increased by 6.2% in the third quarter of this year compared with last year‚ with the main contributors being takeaway and fast-food outlets (8.9% and contributing 3.2 percentage points) and restaurants and coffee shops (4.5% and contributing 2.1 percentage points).

Source: I-Net Bridge

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