Key findings: P6420 - Food and beverages, February 2022

Year-on-year percentage change in food and beverages income at constant 2015 prices by type of income

 

Measured in real terms (constant 2015 prices), total income generated by the food and beverages industry increased by 17,3% in February 2022 compared with February 2021. Positive annual growth rates were recorded for ‘other’ income (25,7%) and income from food sales (21,2%).

 

Year-on-year percentage change in food and beverages income at constant 2015 prices by type of enterprise

 

In February 2022, the main contributors to the 17,3% year-on-year increase were:

  • takeaway and fast-food outlets (20,8% and contributing 7,0 percentage points); and
  • catering services (48,2% and contributing 6,4 percentage points).

 

Food and beverages income at constant 2015 prices for the latest three months by type of enterprise

 

Total income increased by 25,9% in the three months ended February 2022 compared with the three months ended February 2021. The main contributors to this increase were:

  • restaurants and coffee shops (24,4% and contributing 12,5 percentage points); and
  • takeaway and fast-food outlets (28,4% and contributing 9,9 percentage points).

 

Seasonally adjusted income for the food and beverages industry increased by 0,1% in February 2022 compared with January 2022. This followed month-on-month changes of 3,4% in January 2022 and -5,2% in December 2021.