Industry Report - Accommodation, cafes & restaurants
Sensis® Business IndexAccommodation, cafes and restaurants
The accommodation, cafes and restaurant sector recorded a nine percentage point increase in SME confidence in the November 2012 Sensis® Business Index, with confidence sitting at 22%. Confidence amongst SMEs in the accommodation, cafes and restaurants sector was above the national average of 19%. Being established and experienced in their business operations and not expecting conditions to change were the key reasons given for feeling confident.
Industry gross value addedAccommodation and food services
Industry gross value added in accommodation and food services rose 0.5% seasonally adjusted in the September 2012 quarter, down marginally from the 0.6% growth recorded in the June quarter. By comparison, Australia’s gross value added rose by 0.3% for the September quarter, with Australia’s GDP rising by 0.5% overall for the quarter, seasonally adjusted.
Retail tradeCafes, restaurants and takeaway food services
Retail trade in cafes, restaurants and takeaway food services grew 0.3% in November 2012 in seasonally adjusted terms, following a 0.3% fall in October. This compared to a fall of 0.1% in national retail trade in seasonally adjusted terms in November 2012. Over the past twelve months, growth in cafes, restaurants and catering services, which was up 5.1% compared to November 2011, has been fairly similar to growth in takeaway food, which was up 5.7% over the same time period for comparison.
Sensis does not warrant the accuracy of data supplied by third parties. 1. Sensis® Business Index Sweeney Research, November 2012. 2. Australian Bureau of Statistics Catalogue 5206.0, September 2012. 3. Australian Bureau of Statistics Catalogue 8501.0, November 2012. ® & ™ Registered trade mark and trade mark of Telstra Corporation Limited (ABN 33 051 775 556). Sensis Pty Ltd (ABN 30 007 423 912) has responsibility for production of Yellow Pages® and White Pages® directories and related products on behalf of Telstra Corporation Limited. © Telstra Corporation Limited 2013.