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Research South Africa

Food and beverage sales rise 6.2%

The total income generated by the food and beverages industry rose 6.2% to R4.595 billion in December 2011, from a year earlier, according to Statistics SA data released yesterday, 20 February 2012.

The main contributors were takeaway and fast-food outlets (17.3% and 5.0 percentage points) followed by restaurants and coffee shops (1.8% and contributing 1.1 percentage points).

The total income generated for the three months ended December 2011 rose by 4.7% compared with the previous corresponding period. The main contributor to this increase was takeaway and fast-food outlets (14.2% and contributing 4.0 percentage points) followed by restaurants and coffee shops at 1.3% and contributing 0.7 percentage points.

Source: I-Net Bridge

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