Q4 restaurant receipts rise

February 02, 2012

The value of total receipts for the restaurants sector was $23.6 billion in the fourth quarter, up 7.4% over the same period a year earlier, the Census & Statistics Department said today.
 
The value of restaurant total purchases rose 10.4% to $8.7 billion.
 
Total receipts of miscellaneous eating and drinking places rose 9.5% in value and 1.7% in volume, while Chinese restaurant total receipts rose 7% in value and 0.4% in volume.
 
Non-Chinese restaurant receipts rose 6.5% in value and 0.3% in volume, while bar total receipts rose 4.2% in value and 0.1% in volume.
 
On a seasonally adjusted quarter-to-quarter comparison, the volume of total restaurant receipts rose 1.8% in Q4 compared to Q3.
 
For 2011 as a whole, the value of total receipts for the restaurants sector was $89.3 billion, up 6.4% in value and 1% in volume compared with 2010, while the value of total purchases of restaurants increased by 10.9% to $32.7 billion.