Key findings: P6420 - Food and beverages, June 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 1,8% in June 2024 compared with June 2023. The largest negative annual growth rates were recorded for ‘other’ income (-9,6%) and bar sales (-8,2%).

 

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

 

In June 2024, the largest negative contributor to the 1,8% year-on-year decrease was restaurants and coffee shops (‑3,9% and contributing -2,1 percentage points) while takeaway and fast-food outlets (2,0% and contributing 0,7 of a percentage point) was the only positive contributor.

 

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

 

Total income decreased by 1,2% in the second quarter of 2024 compared with the second quarter of 2023. The negative contributors to this decrease were restaurants and coffee shops (-1,4% and contributing -0,7 of a percentage point) and catering services (-4,3% and contributing -0,5 of a percentage point). Takeaway and fast-food outlets grew marginally by 0,1% over the same period.

 

Seasonally adjusted income for the food and beverages industry decreased by 1,6% in June 2024 compared with May 2024. This followed month-on-month changes of 4,7% in May 2024 and -4,7% in April 2024.