Year-on-year inflation in the foodservice sector hit 10.2% in February 2022, the latest edition of the Foodservice Price Index from CGA and Prestige Purchasing reveals.
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.
Rising demand, product shortages and distribution issues are combining to put foodservice prices 'under severe pressure' as the run-up to Christmas begins, the latest CGA Prestige Foodservice Price Index reveals.
Widespread supply problems and increased demand from the hospitality sector combined to push up prices by 1.2% in August, the new edition of the CGA Prestige Foodservice Price Index reveals.
Chronic labour shortages, insufficient manufactured stocks and post-Brexit challenges on imports are combining to create disruption and inflation across the foodservice sector, the latest CGA Prestige Foodservice Price Index reveals.
Food and drink prices continued their upward trend in May with basket costs up by 2.5% on April, the latest edition of the CGA Prestige Foodservice Price Index shows.
