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Research News South Africa

Income for food, beverages down

Total income for food and beverages decreased for October 2009, Statistics SA said on Thursday, 14 January 2010.
Income for food, beverages down

The total income generated by the food and beverages industry for October 2009 decreased by 0.9% compared with October 2008, the Pretoria-based agency said.

The decrease was mainly due to a decrease in income from food sales (-0.9% and contributing -0.8 of a percentage point).

The main contributors to the decrease of 0.9% were restaurants and coffee shops (-3.6 percent and contributing -2.0 percentage points) and other catering services (-22.8% and contributing -1.1 percentage points).

However, these decreases were partly counteracted by an increase in income for takeaway and fast-food outlets (10.4% and contributing 2.3 percentage points), Statistics SA said.

Source: Sapa

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