News
FOOD & BEVERAGE | Staff Reporter, Hong Kong
view(s)

Restaurant receipts up 2.1%

It's estimated at $25.4b.

The value of total receipts of the restaurants sector in the fourth quarter, provisionally estimated at $25.4 billion, rose 2.1% year-on-year, the Census & Statistics Department announced.

The provisional value of total purchases by restaurants increased 1.4% to $8.9 billion.

After netting out the effect of price changes, the volume of total restaurant receipts fell 2.2% year-on-year.

For 2013 as a whole, the value of total receipts for the restaurants sector was provisionally estimated at $97 billion, representing an increase of 3.5% in value but a decrease of 0.8% in volume over a year earlier.

The provisional value of total purchases by restaurants increased 1.6% to $33.7 billion in the year.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.