(December 17 09:55) Sbr.com.sg
Submitted By:
Luz Wendy Noble
Case Study:
No
It sealed a growth of around 2.5% YoY in September.
This chart from RHB with data from SingStat shows that the growth in sales for the F&B service sector remained flattish YTD as sales growth only hit around 2.5% in September YoY.
In January, F&B sales contracted by around 11% YoY and bounced back to a growth of more than 5% YoY by February. In the preceding months thereafter, the growth of F&B sales lingered around less than 5% to a contraction of around -1%.
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