Restaurant and cafe turnover falls in October

http://www.hospitalitymagazine.com.au

Turnover of Australia's cafe, restaurant and takeaway foodservices fell slightly in October, according to the latest monthly estimates from the Australian Bureau of Statistic.

The monthly Retail Trend Estimates which are being closely watched by industries showed that there had been an overall lift in retail turnover across a variety of industries of 0.2 per cent.

The cafe, restaurant and takeaway food industry fell by 0.6 per cent compared to the previous month, according to the report. Other industries to record a fall included clothing and soft good (-0.2 per cent), and household good retailing (-0.7 per cent).

The food retailing sector had growth of 0.6 per cent.

The October result follows the September ABS report which showed cafes, restaurants and takeaway food grew revenue by 0.2 per cent.