Fast food purchases in Hong Kong up 3.2% in Q2
Total restaurant receipts were down 0.4% to HK$28.7bn in the quarter.
Receipts of fast food shops increased by 3.2% in value and 1.8% in volume amid a slight slump on total restaurant receipts in Hong Kong in the second quarter of 2019.
According to the Census and Statistics Department (CSD), total receipts of the restaurants sector in Q2 is provisionally estimated at HK$28.7bn, lower by 0.4% over a year earlier.
Provisional estimate of the value of total purchases by restaurants increased by 0.8% to HK$9.3bn over the same period.
Netting out the effect of price changes, the provisional estimate of the volume of total restaurant receipts is down 2.6% in Q2 compared with a year earlier.
Total receipts of Chinese restaurants declined by 2.1% in value and 4.4% in volume whilst receipts of non-Chinese restaurants decreased by 1.6% in value and 3.7% in volume.
Receipts of bars were lower by 4.4% in value and 5.4% in volume whilst miscellaneous eating and drinking places were up 5.3% in value and 1.5% in volume.
Based on the seasonally adjusted series, the provisional estimate of total restaurant receipts decreased by 4.6% in value and 4.4% in volume in Q2 compared with the preceding quarter.
Total restaurant receipts in H1 2019 increased by 1.4% in value but decreased by 0.9% in volume.
Analysed by month, the value of total receipts of the restaurants sector slumped by 0.2%, 0.5% and 0.6% respectively in April, May and June 2019, compared with the said months a year ago.
Discounting the effect of price changes, the volume of total restaurant receipts decreased by 2.4%, 2.7% and 2.8% respectively in April, May and June 2019 compared with the same period last year.
