FOOD & BEVERAGE | Staff Reporter, Singapore

Chart of the Day: Check out the strong growth in food caterers sales in January

Registered growth was at 9.4%.

The food and beverage sector reported healthy sales in January, contributing to Singapore’s overall retail sales standing.

For the said month, the F&B services index reported a 3.5% growth year-on-year, mainly due to the strong 9.4% turnover uptick in the food caterers segment.

Fastfood outlets' sales also grew, reflecting an 8.3% growth. Restaurants and other eating places also posted growths at 3.4% and 0.2%, respectively.

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