In the first quarter (Q1) 2024, food & beverages services recorded a negative growth of 2.2 per cent year-on-year, after increasing by 4.0 per cent in Q4 2023. The decrease was attributed to decreases in sales revenue of restaurants and fast-food outlets. On a quarter-on-quarter basis, food & beverages services decreased by 4.8 per cent following a decrease of 1.5 per cent in Q4 2023.
The total value of food & beverages services was estimated at BND107.7 million in Q1 2024.
In terms of volume, food & beverages recorded a negative growth of 2.8 per cent year-on-year in Q1 2024, after increasing by 3.3 per cent in Q4 2023. On a quarter-on-quarter basis, food & beverages services recorded a negative growth of 5.0 per cent after decreasing by 1.6 per cent in Q4 2023.
