F&B sales fall 5.6% in February
It was due to the difference in the timing of the Chinese New Year.
Food & Beverage (F&B) sales fell by 5.6% year-on-year in February 2025, reversing the 10.3% growth in January, according to data from Singstat.
The decrease was due to the difference in the timing of the Chinese New Year.
On a seasonally adjusted month-on-month basis, F&B sales dipped 1.4%.
Total sales were estimated at $961m, with online sales making up 23.4%.
Food caterers saw the highest growth at 6.6%. However, restaurants and fast food outlets dropped by 1.5% and 10.2%, respectively.
Meanwhile, cafes, food courts & other eating places rose by 2.3%.