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Clear the Air says: Tommy Cheung

So what does Legco member Tommy Cheung have to say ? after all he predicted doom and gloom for the catering industry after the smoking ban in workplaces came into being.

Has he printed a retraction to say he was wrong – by about HK$ 18 billion only whilst meanwhile demanding an hourly minimum wage of HK$ 20 ?

Can we trust what the Liberal Party or its non elected Functional Constituency members say or vested interests tell them what to say ?

You decide.

Total Restaurant Receipts

Year

Quarter

Value

Volume

HK$Mn

Index (Average of quarterly indices from Oct 2004 to Sep 2005 = 100)

Year-on-year % change

Index (Average of quarterly indices from Oct 2004 to Sep 2005 = 100)

Year-on-year % change

2004

N.A.

N.A.

N.A.

N.A.

N.A.

2005

56,507.2

101.8

N.A.

101.5

N.A.

2006 no smoking ban

61,907.1

111.5

+9.6

109.8

+8.2

2007 Jan -partial smoking ban commences

70,202.0

126.4

+13.4

121.3

+10.6

2008

79,390.9

143.0

+13.1

129.6

+6.8

2009 – July full smoking ban in place

79,879.5

143.8

+0.6

128.4

-0.9

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The restaurants sector’s total receipts was $20.8 billion in value in the first quarter, up 4.8% on the same period last year, the Census & Statistics Department says. Restaurants’ total purchases increased 4.2% in value, to $7.2 billion.

After discounting the effect of price changes, total restaurant receipts rose 3.9% in volume.

Analysed by type of restaurant, Chinese restaurants’ total receipts rose 6.3% in value, or 5.3% in volume. Fast food shops‘ total receipts grew 5.3% in value or 4.6% in volume, while bars’ total receipts of bars rose 5% in value or 4.9% in volume.

Non-Chinese restaurants’ total receipts rose 2.4% in value or 1.9% in volume, while the figure for miscellaneous eating and drinking places grew 2% in value or 1.1% in volume.

On a seasonally adjusted quarter-to-quarter comparison, the volume of total restaurant receipts increased 1.2%.

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