Core Insight: The latest data released by the National Bureau of Statistics on November 14 shows that in October 2025, the national catering revenue was 519.9 billion yuan, a year-on-year increase of 3.8%; catering revenue of units above the limit was 145.9 billion yuan, a year-on-year increase of 3.7%. From January to October, the national catering revenue was 4618.8 billion yuan, a year-on-year increase of 3.3%; catering revenue of units above the limit was 1351.0 billion yuan, a year-on-year increase of 2.4%.