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The value of total purchases of restaurants in the third quarter of 1995, estimated at $4.8 billion, was 8% higher than that in the same quarter of 1994.
Compared with a year ago, the total receipts of bars increased considerably by 16% in value and 12% in volume. The total receipts of fast food shops also went up, by 8% in value and 1% in volume.
Meanwhile, the total receipts of Chinese restaurants and non-Chinese restaurants both recorded increases of 6% in value, but decreases of 1% and 2% respectively in volume.
Comparing the first three quarters of 1995 with the same period of 1994, total restaurant receipts rose by 4% in value, but decreased by 3% in volume.
Comparing with the preceding quarter, and bearing in mind that the comparison may be affected by seasonal factors, total restaurant receipts increased by 5% in value and 4% in volume.
Restaurant receipts in volume terms are derived from receipts in value terms after adjusting for price changes. The relevant components of the Consumer Price Index are used as deflators.
Table 1 presents the revised figures for the total receipts and total purchases of the restaurant sector for the second quarter of 1995 and the provisional figures for the third quarter of 1995.
Table 2 shows the value and volume indices of total receipts by type of restaurant for the third quarter of 1994, the second quarter and third quarter of 1995, with the quarterly average from October 1989 to September 1990 taken as 100. Also tabulated are comparisons of the results of the third quarter of 1995 with those of the second quarter of 1995 and the third quarter of 1994; comparisons of total receipts for the first three quarters of 1995 with the same period in 1994 are also given.
The Report on the Quarterly Survey of Restaurant Receipts and Purchases for the third quarter of 1995 is now on sale at $4 per copy at the Government Publications Centre, Queensway Government Offices, Low Block, ground floor, 66 Queensway and the Publications Unit of the Census and Statistics Department, 19th floor, Wanchai Tower, Wan Chai.
Enquiries about the survey results may be directed to the Wholesale and Retail Trade Statistics Section of the Census and Statistics Department on 2802 1258.