Consumer Price Index

Hospitality food price inflation remains 'more than double the rate' of retail

03-Apr-2024 By James McAllister

Hospitality food price inflation remains more than double the rate seen in the retail sector despite steady easing over the last year, the latest CGA Prestige Foodservice Price Index reveals.

Foodservice price inflation falls to lowest level since August 2022

30-Nov-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell for the fifth consecutive month in October, dropping to its lowest level since August 2022.

Hospitality inflation rate drops to 8.3%

20-Sep-2023 By Hannah Currie

Restaurant and hotels provided a large downward contribution to consumer price inflation last month, where the annual rate fell to 8.3% in August compared to 9.6% in July.

Food and drink inflation remains ‘stubbornly high’ despite drop in overall rate

24-May-2023 By James McAllister

Food and beverage prices continued to rise last month despite a ‘substantial’ drop in the overall rate in inflation, new figures from the Office for National Statistics show.

Foodservice price inflation shows signs of easing but remains above 20%

14-Apr-2023 By James McAllister

Year-on-year food inflation fell slightly to 20.6% in February 2023, the new CGA Prestige Foodservice Price Index reveals.

Food and drink prices set to rise as a result of war in Ukraine

07-Mar-2022 By Restaurant

The price of food and drink items including bread, beer, pasta, and pork are likely to rise as a result of the ongoing war in Ukraine.

Food and drink price inflation surges to 3.5%

21-Feb-2022 By James McAllister

Year-on-year foodservice inflation reached 3.5% in December 2021 with further prices rises forecast over the next three to six months, a new report from CGA and Prestige Purchasing shows.

Food and drink inflation to stabilise in 2018, but high costs will remain

13-Dec-2017 By Georgia Bronte

Food and drink inflation is becoming less volatile as it approaches its predicted peak but the industry will still be affected by high prices of certain commodities, says new research.

Restaurants, pubs and hotels at front line of rising food inflation

30-Nov-2016 By Emma Eversham

Foodservice operators are on the front line of rising food inflation as they face paying 2 per cent more for supplies than they did last year, according to supply chain management company Prestige Purchasing. 

Marriott Grosvenor Square sale reflects strength of Mayfair market, says JLL

03-Apr-2014 By Carina Perkins

The sale of the Marriott London Grosvenor Square hotel for £125.15m reflects the outstanding strength of the Mayfair hotel market, according to the expert that finalised the deal.

Food inflation to rise 3.8% in 2014

10-Dec-2013 By Emma Eversham

Food inflation is predicted to rise by 3.8 per cent next year according to Prestige Purchasing with prices for beef, cheddar and wine in particular set to remain high.

Alcohol prices see record hikes in April as inflation rises

18-May-2011 By Lorraine Heller

The UK’s latest inflation hike is likely to cause further damage to the hospitality sector, both in terms of sales and staffing, say sector trade groups.