Key findings: P6420 - Food and beverages, December 2022

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

 

Measured in real terms (constant 2019 prices), total income generated by the food and beverages industry increased by 14,2% in December 2022 compared with December 2021. The largest annual growth rates were recorded for:

  • bar sales (25,5%); and
  • food sales (13,6%).

 

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

 

In December 2022, the main contributor to the 14,2% year-on-year increase was restaurants and coffee shops (14,8% and contributing 7,3 percentage points).

 

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

 

Total income increased by 13,4% in the fourth quarter of 2022 compared with the fourth quarter of 2021. The main contributors to this increase were:

  • restaurants and coffee shops (12,2% and contributing 5,9 percentage points); and
  • catering services (29,4% and contributing 4,0 percentage points).

 

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