,Singapore

Singapore’s F&B sales in June rise 7.3%

Online sales made up 47.7%.

Singapore’s F&B sales grew 7.3% to S$529 million in June, a slower growth rate compared to the 46.4% jump in May.

Of this, online sales made up 47.7%, slightly higher than the 38.7% recorded in May.

“Although dine-in restrictions were stricter this year compared to June last year, food & beverage sales continued to register a year-on-year growth in June 2021, due to higher demand for food deliveries,” the country’s statistics department said in a statement.

Month on month and on a seasonally adjusted basis, F&B sales dropped 11.3% from May.

Due to the said demand for deliveries, cafes, food courts and other eating places saw sales jump 23.1%  year on year, whilst fast food outlets’ sales rose 23%.

Food caterers, in contrast, saw a 44.5% year-on-year plunge in takings, due to  higher demand for catered meals from foreign worker dormitories in June last year.

Restaurant revenue fell 7.3% year on year, and declined 32.8% month on month.
 

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