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Q1 food & beverages income up 6.6% y/y

24 May 2012

Income generated by the food and beverage industry increased by 6.6% year on year (y/y) in the first quarter, data from Statistics SA (Stats SA) on Monday, 21 May 2012, showed. The main contributor was a 7.0% y/y rise in food sales.

In terms of sectors, takeaway and fast-food outlets showed a 11.6% y/y rise, while catering services gained 8.6% y/y, followed by restaurants and coffee shops, which increased their income by 3.5% y/y.

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