Provisional statistics of restaurant receipts and purchases for second quarter of 2018
The Census and Statistics Department (C&SD) released the latest provisional figures on restaurant receipts and purchases today (August 3).
The value of total receipts of the restaurants sector in the second quarter of 2018, provisionally estimated at $28.8 billion, increased by 6.6% over a year earlier. Over the same period, the provisional estimate of the value of total purchases by restaurants increased by 5.8% to $9.3 billion.
After netting out the effect of price changes over the same period, the provisional estimate of the volume of total restaurant receipts increased by 3.6% in the second quarter of 2018 compared with a year earlier.
Analysed by type of restaurant and comparing the second quarter of 2018 with the second quarter of 2017, total receipts of Chinese restaurants increased by 4.3% in value and 1.7% in volume. Total receipts of non-Chinese restaurants increased by 9.4% in value and 6.6% in volume. Total receipts of fast food shops increased by 5.7% in value and 1.3% in volume. Total receipts of bars increased by 11.0% in value and 12.0% in volume. As for miscellaneous eating and drinking places, total receipts increased by 11.5% in value and 7.9% in volume.
Based on the seasonally adjusted series, the provisional estimate of total restaurant receipts decreased by 1.7% in value and 2.4% in volume in the second quarter of 2018 compared with the preceding quarter.
Comparing the first half of 2018 with the same period in 2017, total restaurant receipts increased by 8.3% in value and 5.3% in volume.
To facilitate further understanding of the short-term business performance of the restaurants sector, statistics in respect of the restaurant receipts and purchases in individual months of the reference quarter are also compiled.
Analysed by month, it was provisionally estimated that the value of total receipts of the restaurants sector increased by 6.2%, 6.5% and 7.1% respectively in April, May and June 2018, compared with the corresponding months a year earlier.
After discounting the effect of price changes, it was provisionally estimated that total restaurant receipts increased by 3.2%, 3.5% and 4.1% in volume respectively in April, May and June 2018, compared with the corresponding months a year earlier.
Further information
Table 1 presents the revised figures of restaurant receipts by type of restaurant and total purchases by the restaurants sector for the first quarter of 2018 as well as the provisional figures for the second quarter of 2018.
Table 2 and Table 3 present the revised value and volume indices respectively of restaurant receipts by type of restaurant for the first quarter of 2018 and the provisional indices for the second quarter of 2018.
Table 4 presents the year-on-year rate of change in total restaurant receipts in value and volume terms based on the original quarterly series, as well as the quarter-to-quarter rate of change based on the seasonally adjusted series.
The revised figures on restaurant receipts and purchases for the second quarter of 2018 (with breakdown by month) will be released through the website of the C&SD (www.censtatd.gov.hk/hkstat/sub/bbs.jsp) and relevant publications of the Department from September 20, 2018.
The classification of restaurants follows the Hong Kong Standard Industrial Classification (HSIC) Version 2.0, which is used in various economic surveys for classifying economic units into different industry classes.
More detailed statistics are given in the "Report on Quarterly Survey of Restaurant Receipts and Purchases". Users can download this publication free of charge at the website of the C&SD (www.censtatd.gov.hk/hkstat/sub/sp320.jsp?productCode=B1080002).
Users who have enquiries about the survey results may contact the Distribution Services Statistics Section of the C&SD (Tel: 3903 7401; email: qsr@censtatd.gov.hk).