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 From Hong Kong's Information Services Department
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November 2, 2009
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Economy
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Q3 restaurant receipt value falls
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Census & Statistics Department

The value of total receipts for the restaurants sector fell to $19.9 billion in the third quarter, down 0.5% on the same period last year, the Census & Statistics Department says. The value of total purchases by restaurants also dropped 2.6% to $6.9 billion.

 

After discounting the effect of price changes, total restaurant receipts fell 1.2% in volume in the third quarter.

 

Analysed by type of restaurant, total receipts of bars dropped 1.5% in value or 1.1% in volume. Total receipts of non-Chinese restaurants also dipped 0.7% in value or 0.9% in volume, while total receipts of Chinese restaurants fell 1.3% in value or 2.1% in volume.

 

Total receipts of miscellaneous eating and drinking places grew 0.5% in value but fell 1.4% in volume. For fast food shops, total receipts rose 1.8% in value or 0.7% in volume.

 

On a seasonally adjusted quarter-to-quarter comparison, the volume of total restaurant receipts in the third quarter rose 1.3% on this year's second quarter.

 

Comparing the year's first three quarters of 2009 with the same period last year, total restaurant receipts edged up 0.1% in value but dropped 1.8% in volume.