Supply Chain

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.

Challenges remain despite continued easing of foodservice price inflation

04-Mar-2024 By James McAllister

The CGA Prestige Foodservice Price Index recorded year-on-year inflation of 12.6% in January — a drop of 1.2 percentage points from December's rate of 13.8%.

New border checks ‘threaten resurgence’ in foodservice price inflation

25-Jan-2024 By James McAllister

Apprehension is growing about a resurgence in foodservice price inflation as a result of new border checks, the latest CGA Prestige Foodservice Price Index reports.

Business set to ‘feel the heat’ on food prices ‘for some time to come’

09-Jan-2024 By James McAllister

Analysts have warned that businesses across the food supply chain will be ‘feeling the heat on prices for some time to come’ as inflation continues to fall slowly.

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.

‘Challenging year’ leads to erosion of profit margin for Rick Stein’s group

17-Oct-2023 By James McAllister

Rick Stein’s restaurant group has blamed the rapid increase in supply chain costs, particularly the rise in fish and oil prices, for contributing to an erosion of its profit margin.

Fall in food and drink prices not expected until ‘at least early 2025’

03-Oct-2023 By James McAllister

A fall in food and drink prices, otherwise known as deflation, is unlikely until ‘at least early 2025’, according to analysis from the latest CGA Prestige Foodservice Price Index.

Food inflation in hospitality slows slightly as retail prices begin to fall

07-Sep-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index fell marginally to 21.7% year-on-year in July.

Food prices in hospitality surge again

31-Jul-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index rose again to 22.6% year-on-year in June — close to the record high of 22.9% in December 2022.

Foodservice price inflation falls below 20% for the first time in five months

12-May-2023 By James McAllister

The food and drink sector received small but welcome relief on soaring prices as inflation dropped to 18.9% in March 2023, the latest CGA Prestige Foodservice Price Index reveals.

Foodservice price inflation in first fall since September 2021

23-Feb-2023 By James McAllister

Foodservice price inflation fell slightly to 22.0% in January, the new edition of the CGA Prestige Foodservice Price Index (FPI) reveals.

KFC faces further chicken shortages - updated

01-Aug-2022 By James McAllister

KFC has been forced to pause its WOW Tuesday offer amid warnings that the group is facing further shortages of chicken and other select products.

Foodservice price inflation hits another record high as supply issues mount

10-May-2022 By James McAllister

Year-on-year inflation in the foodservice sector hit 13.6% in March 2022, the latest CGA Prestige Foodservice Price Index shows.

Kate Nicholls sounds warning over cost price inflation

10-Nov-2021 By James McAllister

MPs have been told some hospitality businesses expect to raise prices three times before April next year, amid significant cost price inflation caused by ongoing supply chain and recruitment issues.

McDonald’s drops its Chicken Legend for delivery as it is again hit by supply issues

01-Nov-2021 By Restaurant

McDonald’s has once again been forced to remove an item from its menus because of supply issues – with its Chicken Legend burger the latest casualty.

Government set to extend 'cabotage' rights as supply chain crisis continues

15-Oct-2021 By James McAllister

The Government has announced a consultation to temporarily amend so-called 'cabotage' rights in another bid to try and alleviate the pressures of Britain’s ongoing supply chain crisis.

Price hike fears as agreement reached to ensure CO2 supplies

12-Oct-2021 By James McAllister

Industry experts have warned a Government-brokered deal to ensure CO2 supplies to UK businesses until the new year risks pushing up food and drink prices in the run-up to Christmas.

Short-term visas ‘not enough’ to fix supply chain crisis

27-Sep-2021 By James McAllister

Plans to issue more than 10,000 short-term visas to foreign lorry drivers and food industry workers 'will not be enough' to solve Britain’s supply chain crisis, business leaders have warned.

Three quarters of hospitality businesses likely to raise prices as supply chain challenges intensify

23-Sep-2021 By James McAllister

Hospitality businesses face a storm of supply chain problems and rising costs with three quarters of them are likely to raise prices for consumers as a result, new research shows.

Government has '10 days' to fix CO2 crisis

21-Sep-2021 By James McAllister

Pig and poultry production could collapse within a week, with the Food and Drink Federation's chief executive warning that the Government has '10 days' to fix the current CO2 crisis.

Falling labour and rising ingredient costs drive rethinks on supply

14-Sep-2021 By James McAllister

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.

Supply chain woes force McDonald's to remove milkshakes from the menu

24-Aug-2021 By James McAllister

McDonald's has become the latest high-profile restaurant chain to be hit with supply chain issues, with the fast food giant forced to pull milkshakes and bottled drinks from its menu.

Hospitality facing ‘enormous challenges’ with supply chains

20-Aug-2021 By Georgi Gyton

Hospitality businesses across the country are facing 'enormous challenges' with their supply chains, Kate Nicholls has warned.

Inflation steady as disruptions to food and drink supply hit reopening

18-Aug-2021 By James McAllister

Food and drink supply markets have been hit by widespread distribution problems and a spike in demand following the return of out-of-home eating and drinking, according to CGA.

KFC warns of supply issues

12-Aug-2021 By Georgi Gyton

KFC UK & Ireland has warned its customers of potential supply issues.

Foodservice price inflation reaches highest ever level as supply struggles with reopening

08-Jul-2021 By James McAllister

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.

Food supply prices start to firm as hospitality reopens

27-May-2021 By James McAllister

Inflation is starting to return to food and non-alcoholic drinks after months of falling prices, the CGA Prestige Foodservice Price Index reveals.

Hospitality supply chain businesses on verge of collapse without immediate support

22-Feb-2021 By James McAllister

The UK’s hospitality sector supply chain is facing devastation with 324,000 jobs at risk unless businesses receive immediate financial support from the Government, new research reveals.

UKHospitality launches Supplier Alliance

28-May-2020 By James McAllister

UKHospitality has launched a new Supplier Alliance to push for Government support to help businesses that supply to the hospitality sector.

Operators should expect a "prolonged spell" of instability in food prices

22-May-2020 By James McAllister

Foodservice operators should expect a "prolonged spell" of instability in food prices as a result of the Coronavirus pandemic, according to the latest CGA Prestige Foodservice Price Index.

Readers’ Choice Awards winners announced

07-Jan-2020 By Joe Lutrario

The winners of Restaurant magazine’s annual Readers’ Choice Awards have been revealed following a survey of professional chefs.

No-deal Brexit: claim there will be no food shortages 'categorically untrue'

02-Sep-2019 By Sophie Witts

A Government minister’s claim that there will be no shortage of fresh food following a no-deal Brexit has been called ‘categorically untrue’ by a major trade body.

Beyond Brexit: are restaurant supply chains ready for no deal?

21-Aug-2019 By James McAllister

A no-deal Brexit looks likely to lead to food shortages and billions being wiped off the UK eating out market, so how are restaurants and suppliers preparing for the future in a time of unprecedented uncertainty?