Eating out is up

2014-12-08 19:07

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

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

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.

"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 (13.0%).

"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 (11.0% 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.

Read more on:    statistics sa

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

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
26 comments
Comments have been closed for this article.

Inside News24

 
PARTNER CONTENT
INFOGRAPHIC: New thinking required for retirement

Everything we believe about retirement is fast becoming outdated.

PARTNER CONTENT
WATCH: How education can change a life

A university education gives students the chance to create a better future for themselves, their families and to opportunity achieve their dreams.

/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.