The main contributors to this decrease were bar sales at -6.1% and contributing -0.6 of a percentage point, and food sales at -0.3% and contributing -0.2 of a percentage point.
This annual negative growth rate in total income was driven by restaurants and coffee shops, the data showed. The decrease was to a large extent counteracted by the increases recorded for takeaway and fast-food outlets and other catering services.
However, the total income generated by the food and beverages industry in the second quarter 2011 increased by 3.2% to 9.1 billion rand compared with the same period last year. The main contributor to this increase was food sales at 3.9% and contributing 3.4 percentage points.
The contribution in the second quarter 2011 was mainly driven by takeaway and fast-food outlets, followed by restaurants and coffee shops, and other catering services.
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
