The increase in food sales (1.0% and contributing 0.9 of a percentage point) was counteracted by a decrease in other income (-19.9% and contributing -0.5 of a percentage point).
The annual positive growth rate of 0.4% in total income for May was mainly driven by takeaway and fast-food outlets (4.0% and contributing 1.1 percentage points). This increase was to a large extent counteracted by the decrease recorded for caterers (-6.1% and contributing -1.0 percentage point).
The total income generated by the food and beverages industry for the three months to May increased by 5.9% compared with the three months to May 2010. The main contributor to this increase was food sales (6.7% and contributing 5.9 percentage points).
The year-on-year increase of 5.9% in total income for the three months to May was driven by takeaway and fast-food outlets (12.7% and contributing 3.4 percentage points) and restaurants and coffee shops (5.3% and contributing 2.8 percentage points).
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
