, Singapore

F&B sales jump 7.4% YoY in December 2021

The total sales value was at an estimated $855m.

Singapore's Department of Statistics released its food and beverage (F&B) Index for December 2021 on 4 February.

According to the index, F&B sales grew by 7.4% on a year-on-year basis, compared to the 1.0% increase in November 2021. On a seasonally adjusted basis, F&B sales increased 11.7% in December 2021 over November, mainly because of the lower base when stricter dine-in restrictions were implemented.

The total sales value of F&B sales in December were at an estimated $855m, with 28.6% attributed to online sales, compared to 33.3% in November.

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