Restaurant Index, fourth quarter 2023
Largely unchanged restaurant sales in the fourth quarter of 2023
Statistical news from Statistics Sweden 2024-03-11 8.00
The sales volume decreased in a majority of the restaurant categories during the fourth quarter of 2023 compared with the same period a year ago. Entertainment restaurants followed by cafés stood for the largest decline while hotel restaurants displayed the biggest increase.
– The volume of sales decreased across most categories while hotel restaurant sales increased. This increase offsets the otherwise negative results we observe in the market – says Samuel Hederén, statistician at Statistics Sweden.
Restaurants increased their sales volume by 0,2 percent during the fourth quarter of 2023 compared with the same period last year. Hotel restaurants stood for the largest increase at 10,3 percent while entertainment restaurants stood for the biggest decrease in sales at -4,8 percent. Turnover generated by restaurants increased by 5.5 percent in current prices in the fourth quarter compared with the same quarter last year.
More information:
In connection with the publication of the restaurant index second quarter 2023, a new method for deflation has been introduced with the aim of improving the fixed price calculated index numbers under conditions of significant price changes within the quarters. In connection with the method change, all fixed-price calculated index numbers in the statistics are revised as well as the corresponding volume development figures.
Definitions and explanations
Restaurant categories:
Hotel restaurants – restaurants at hotels, conference centers or other accommodation facilities.
Cafés – cafés of all kinds with limited food services. ”Coffee specialists”. Usually no alcohol serving permit.
Fast food restaurants – quick service, take away is common. Usually no alcohol serving permit. Examples of businesses are burger chains, street food and salad bars.
Lunch and dinner restaurants – traditional restaurants with table service, gourmet restaurants, diners and pizzerias etcetera.
Restaurants near traffic – all kinds of restaurants at or near airports, train stations, ports and motorways with large flows of visitors. Restaurants at exhibition centers, sports facilities and zoos are also included in this category as well as specialized catering businesses.
Entertainment restaurants – businesses focusing on drinks, even if food is commonly served as well. Typical examples are pubs, bars, night clubs and show restaurants.
Staff restaurants – restaurants providing services to businesses, often by contract and sometimes within client facilities. Opening hours are often limited.
Next publishing will be
2024-06-11 08:00
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.