StatsSA has released the key findings report for the Food & Beverage industry.
Key findings: P6420 – Food and Beverage July 2022
Year-on-year percentage change in food and beverages income at constant 2019 prices by type of income
Measured in real terms (constant 2019 prices), total income generated by the food and beverages industry increased by 55,8% in July 2022 compared with July 2021. The largest annual growth rates were recorded for:
- income from bar sales (81,6%); and
- food sales (54,2%).
Year-on-year percentage change in food and beverages income at constant 2019 prices by type of enterprise
In July 2022, the main contributor to the 55,8% year-on-year increase was restaurants and coffee shops (82,6% and contributing 34,0 percentage points).
Food and beverages income at constant 2019 prices for the latest three months by type of enterprise
Total income increased by 26,0% in the three months ended July 2022 compared with the three months ended July 2021. The main contributors to this increase were:
- restaurants and coffee shops (31,9% and contributing 14,3 percentage points); and
- takeaway and fast-food outlets (16,8% and contributing 6,9 percentage points).
Seasonally adjusted income for the food and beverages industry increased by 6,0% in July 2022 compared with June 2022. This followed month-on-month changes of 0,3% in June 2022 and 0,0% in May 2022.
To view the full report, click here.
