Food and beverage income up 5.2% in October
Measured in current prices‚ total income generated by the food and beverages sector in SA increased by 5.2% in October compared with the same period last year according to data released by Statistics SA.
Income in the food and beverages sector was higher in October. Image: Master Isolated Images Free Digital Photos
Positive annual growth was recorded for "other" income (45.8%) and food sales (4.9%) while bar sales remained largely unchanged.
In October‚ the highest annual growth rates were recorded for takeaway and fast-food outlets (5.4% and contributing 2.0 percentage points) and restaurants and coffee shops (5.1% and contributing 2.3 percentage points).
Total income increased by 5.8% in the three months ended October compared with the the same period last year. The main contributors were takeaway and fast-food outlets (8.1% and contributing 2.9 percentage points) and restaurants and coffee shops (4.9% and contributing 2.2 percentage points).