Key findings: P6420 - Food and beverages, January 2024

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 decreased by 2,5% in January 2024 compared with January 2023. Food sales recorded the only negative annual growth rate (-3,6%).

 

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

 

In January 2024, the main contributors to the 2,5% year-on-year decrease were takeaway and fast-food outlets
(-5,0% and contributing -1,8 percentage points) and catering services (-4,8% and contributing -0,5 of a percentage point).

 

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

 

Total income increased by 1,0% in the three months ended January 2024 compared with the three months ended January 2023. The only positive contributor to this increase was restaurants and coffee shops (4,8% and contributing 2,6 percentage points).


Seasonally adjusted income for the food and beverages industry decreased by 3,5% in January 2024 compared with December 2023. This followed month-on-month changes of 3,6% in December 2023 and -3,9% in November 2023.