Key findings: P6420 - Food and beverages, October 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 0,4% in October 2024 compared with October 2023. 

The largest negative annual growth rate was recorded for ‘other’ income (-17,3%). The only positive annual growth rate was recorded for food sales (0,3%).

 

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

 

In October 2024, the negative contributor to the 0,4% year-on-year decrease was restaurants and coffee shops (‑4,2% and contributing -2,1 percentage points).

The positive contributors were takeaway and fast-food outlets (2,4% and contributing 0,9 of a percentage point) and catering services (6,1% and contributing 0,7 of a percentage point).

 

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

 

Total income decreased by 1,3% in the three months ended October 2024 compared with the three months ended October 2023.  The negative contributor to this decrease was restaurants and coffee shops (-3,7% and contributing -1,8 percentage points).  The positive contributor was catering services (4,1% and contributing 0,5 of a percentage point).

 

Seasonally adjusted income for the food and beverages industry increased by 0,1% in October 2024 compared with September 2024. This followed month-on-month changes of -1,7% in September 2024 and 3,2% in August 2024.