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F&B sales growth eases to 15.1% in April
In March, F&B sales grew 17.7% YoY.
Food and beverage (F&B) sales grew slower in April, jumping 15.1% YoY from a 17.7% YoY increase in March. Sales value clocked in at $946m.
Of the total sales value, 23.8% was from online sales.
According to the Department of Statistics Singapore (Singstat), all F&B services industries recorded year-on-year increases in sales in April.
Amongst industries, Food Caterers recorded the largest increase, soaring 61.4% YoY, followed by Fast Food Outlets, which saw a 19.8% jump in sales.
Sales of Restaurants and Cafes, Food Courts & Other Eating Places also rose in April, by 8.0% and 13.5%, respectively.
Read more: Top F&B picks as sector continues recover in post-2019 era
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