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Singapore's F&B industry continues climb
F&B sales are led by food caterers.
All industries in Singapore’s F&B services sector recorded year-on-year (YoY) growth in sales in September, with fast food outlet sales up by 5.5% YoY.
Leading the industry in sales are food caterers with a 24.1% YoY increase in sales and 2.5% month-on-month (MoM). Cafes, Food Courts & Other Eating Places recorded an increase of 7.2% YoY but dipped 2% compared to the previous month.
Restaurants saw sales climb by 3.7% however dipped by 3.3% MoM.
Singapore’s fast food industry recorded a 0.1% climb MoM.