In the fourth quarter (Q4) 2023, food & beverages services recorded a positive growth of 4.0 per cent year-on-year, after increasing by 7.0 per cent (revised from 7.1 per cent) in Q3 2023. The increase was attributed to increases in sales revenue of almost all food & beverages services activities. On a quarter-on-quarter basis, food & beverages services decreased by 1.5 per cent following an increase of 3.1 per cent (revised from 2.9 per cent) in Q3 2023.
The total value of food & beverages services was estimated at BND113.1 million in Q4 2023.
In terms of volume, food & beverages recorded a positive growth of 3.3 per cent year-on-year in Q4 2023, after increasing by 5.3 per cent (revised from 5.4 per cent) in Q3 2023. On a quarter-on-quarter basis, food & beverages services recorded a negative growth of 1.6 per cent after increasing by 3.1 per cent (revised from 2.9 per cent) in Q3 2023.