, Singapore

Singaporeans ate out less in October

Receipts of fast food outlets, food caterers and other eating places dipped in October.

Only restaurants posted month-on-month growth at 1.1%.

The rest dipped as follows: fast food outlets, 0.8%; food caterers, 2.6%; and other eating places, 0.3%; says the Department of Statistics.

As a whole, the Food & Beverage services industry contracted 0.1% in receipts in October compared to September.

The Food & Beverage Services sector though grew year-on-year. "All major segments reported higher turnover in October 2011 compared to the same period in 2010," says the Statistics department.

But charts provided show the October year-on-year growth was lower than September year-on-year growth, suggesting a weakening appetite for outside dining.

"Turnover of fast food outlets and other eating places went up 11.4% and 5.9% respectively while receipts of food caterers and restaurants rose 5.0% and 2.6% respectively in October 2011 over October 2011," says the Statistics department.

In September the equivalent figures were fast food outlets, 12.5%; food other eating places, 6.4%; food caterers, 9.5%; and restaurants 4.5% based on data provided.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!