Food & bev. services News South Africa

Income from food and beverages up 5.2%

The total income generated by the food and beverages industry for July 2011 was 5.2% higher than that for July 2010, Statistics South Africa reported today, Monday 26 September.

It said the main contributor to the increase was food sales (5.5% and contributing 4.8 percentage points).

The main contributor to the positive annual growth rate of 5.2% in total income for July 2011 was takeaway and fast-food outlets (15.1% and contributing 4.2 percentage points)

The data showed that the total income generated by the food and beverages industry for the three months ended July 2011 increased by 2.1% compared with the three months ended July 2010. The main contributor to this increase was food sales (2.5% and contributing 2.1 percentage points).

The year-on year increase of 2.1% in total income for the three months ended July 2011 was driven mainly by takeaway and fast-food outlets (10.0% and contributing 2.8 percentage points).

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
Let's do Biz