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The value of total receipts for the restaurants sector was $14.3 billion in the third quarter of 2005, up by 6.2% compared with the third quarter of 2004. Over the same period, the value of total purchases of restaurants also increased, by 5.4% to $4.9 billion.
2. After discounting the effect of price changes, total restaurant receipts rose by 5.2% in volume in the third quarter of 2005 as compared to a year earlier.
3. These are the provisional figures on restaurant receipts and purchases released today (Tuesday) by the Census and Statistics Department.
4. Restaurant receipts in volume terms are derived from the corresponding receipts in value terms by adjusting for price changes. The relevant components of the Composite Consumer Price Index are used for this adjustment purpose.
5. Analysed by type of restaurant, total receipts of Chinese restaurants increased by 7.5% in value or 6.0% in volume in the third quarter of 2005 as compared to a year earlier.
6. Over the same period, total receipts of fast food shops increased by 5.4% in value or 4.5% in volume, while total receipts of non-Chinese restaurants increased by 5.2% in value or 5.1% in volume.
7. Total receipts of bars increased by 2.1% in value or 1.6% in volume in the third quarter of 2005 as compared to a year earlier.
8. As for miscellaneous eating and drinking places, total receipts increased by 0.3% in value, but decreased by 1.1% in volume.
9. On a seasonally adjusted quarter-to-quarter comparison, the volume of total restaurant receipts increased by 2.4% in the third quarter of 2005 as compared to the second quarter of 2005.
10. Comparing the first three quarters of 2005 with the same period in 2004, total restaurant receipts increased by 5.6% in value or 4.9% in volume.
11. Table 1 presents the revised figures for the total receipts and total purchases of the restaurants sector for the second quarter of 2005 and the provisional figures for the third quarter of 2005. The value and volume indices of the restaurant receipts in the second quarter of 2005 and the third quarter of 2005 for the entire restaurants sector and by type of restaurant are also given, with the average of quarterly indices from October 1999 to September 2000 taken as 100.
12. Table 2 shows the year-on-year rate of change in total restaurant receipts in volume terms based on the original series, as well as the quarter-to-quarter rate of change based on the seasonally adjusted series.
13. The report containing the analysis of the third quarter of 2005 result is now on sale at HK$5 per issue. Both print version and download version of the publication can be purchased online at the "Statistical Bookstore, Hong Kong" (http://www.statisticalbookstore.gov.hk). Download version of the publication can be purchased at 75% of its original price exclusively at the online Statistical Bookstore. Print version if purchased online is also offered a discount, at 85% of its original price at the Statistical Bookstore as well as the Government Bookstore (http://www.isd.gov.hk/eng/bookorder.htm). Print version can be purchased through mail order by completing and returning an order form which can be downloaded from the C&SD's website (http://www.censtatd.gov.hk/eng/prod_serv/forms_index.html), or in person at the Publications Unit of the C&SD (Address: 19/F Wanchai Tower, 12 Harbour Road, Wan Chai; Tel.: 2582 3025).
14. Enquiries about the survey results may be directed to the Distribution Services Statistics Section of the C&SD (Tel. No.: 2123 1040).
Ends/Tuesday, November 15, 2005
Issued at HKT 16:15
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