Eating out on the up | Fin24
 
  • Peter Moyo

    The ex-Old Mutual boss has been treated badly, but is still overplaying his hand, says Ferial Haffajee.

  • 'Nosedive'

    We don't use fake parts, says South African Airways, after mid-air 'jolt'.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Eating out on the up

Dec 08 2014 20:25

Cape Town - Restaurants and fast food outlets did a roaring trade in October, with patrons spending R3.95bn on food and drink, a survey released by SA Statistics shows.

A table included in the monthly survey shows this is the third-highest spending on food and beverages at such enterprises over the past 70 months (from January 2009). The two higher figures were for the months of December last year and the year before.

Of the R3.95bn income, restaurants and coffee shops took about R1.8bn, take-away and fast food outlets about R1.5bn and catering services R660m. The figures include bar sales.

Food sales

"Measured in nominal terms (current prices), total income generated by the food and beverages industry increased by 11.5% in October 2014 compared with October 2013. The highest annual growth rate was recorded for food sales (13%).

"In October 2014, the highest annual growth rates were recorded for take-away and fast-food outlets (15.2% and contributing 5.5 percentage points) and restaurants and coffee shops (11% and contributing 5.0 percentage points)."

Last year a total of R42.94bn was spent at restaurants, coffee shops and fast food outlets, as well as on catering services.

The survey figures are based on data received from a sample of 900 enterprises around the country.

cape town  |  food  |  liquor
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...