Key findings: P6420 - Food and beverages, October 2022

Measured in real terms (constant 2019 prices), total income generated by the food and beverages industry increased by 10,9% in October 2022 compared with October 2021. The largest annual growth rates were recorded for:

  • ‘other’ income (18,2%); and
  • food sales (11,5%).

 

Year-on-year percentage change in food and beverages income at constant 2019 prices by type of enterprise

 

In October 2022, the main contributor to the 10,9% year-on-year increase was catering services (35,4% and contributing 4,8 percentage points).

 

Food and beverages income at constant 2019 prices for the latest three months by type of enterprise

 

Total income increased by 17,6% in the three months ended October 2022 compared with the three months ended October 2021. The main contributors to this increase were:

  • restaurants and coffee shops (16,8% and contributing 8,0 percentage points); and
  • catering services (36,4% and contributing 5,0 percentage points).

 

Seasonally adjusted income for the food and beverages industry increased by 1,3% in October 2022 compared with September 2022. This followed month-on-month changes of 1,8% in September 2022 and -4,3% in August 2022.