Key findings: P6420 - Food and beverages, August 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 increased by 2,2% in August 2024 compared with August 2023. The largest positive annual growth rate was recorded for bar sales (9,2%). The only negative annual growth rate was recorded for ‘other’ income (-13,4%).

 

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

 

In August 2024, the main contributors to the 2,2% year-on-year increase were catering services (8,8% and contributing 1,1 percentage points) and takeaway and fast-food outlets (2,8% and contributing 1,1 percentage points).

 

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

 

Total income decreased by 1,5% in the three months ended August 2024 compared with the three months ended August 2023. The main negative contributor to this decrease was restaurants and coffee shops (-4,8% and contributing ‑2,3 percentage points). The positive contributor was catering services (8,4% and contributing 1,0 percentage point).

 

Seasonally adjusted income for the food and beverages industry increased by 3,3% in August 2024 compared with July 2024. This followed month-on-month changes of -4,0% in July 2024 and 1,9% in June 2024.