F&B Services Index
Food & Beverage Services Index (Mar 2025)
Sales of food & beverage (F&B) services fell 2.8% in March 2025 on a year-on-year basis, extending the 5.7% drop in February 2025. On a seasonally adjusted basis, sales of F&B services declined 3.2% in March 2025 compared to the previous month.
The total sales value of F&B services in March 2025 was estimated at $960 million. Of this, an estimated 24.9% were from online sales, higher than the 23.2% recorded in February 2025.
Year-on-Year Change (At Current Prices)
Within the F&B services sector, Restaurants registered a decline in sales of 6.6%. Similarly, turnover of Cafes, Food Courts & Other Eating Places as well as Fast Food Outlets declined 4.2% and 3.6% respectively during this period.
In contrast, turnover of Food Caterers rose 19.6% in March 2025.
Month-on-Month Change (At Current Prices, Seasonally Adjusted)
On a seasonally adjusted month-on-month basis, all industries recorded declines in sales in March 2025. Cafes, Food Courts & Other Eating Places registered a decline in sales of 4.1%. Similarly, turnover of Restaurants, Food Caterers, and Fast Food Outlets decreased 3.8%, 1.7%, and 0.8% respectively during this period.
Food & Beverage Services Index (Jan 2022)
Sales of food & beverage services increased 9.5% in January 2022 on a year-on-year basis, compared to the 7.3% increase in December 2021. On a seasonally adjusted basis, sales of food & beverage services fell 3.5% in January 2022 over the previous month.
The total sales value of food & beverage services in January 2022 was estimated at $829 million.
Of this, online food & beverage sales made up an estimated 29.1%, compared to the 28.6% recorded in December 2021.
Read the latest report (in full) here: Monthly F&B Services Index