Food Price Inflation

News

Foodservice inflation decreases for fifth consecutive month

30 November 2023 by

Inflation in foodservice decreased for the fifth consecutive month in October, reaching its lowest level since August 2022.

Products

Wholesaler Brakes freezes prices on 1,850 own brand products

24 April 2023 by

Foodservice wholesaler Brakes is holding prices on 1,850 own brand products until October of this year.

Costs crisis wipes out hospitality's growth despite increase in October sales News

Costs crisis wipes out hospitality's growth despite increase in October sales

16 November 2022 by

October sales at Britain’s top managed restaurant, pub and bar groups were 1.5% ahead of the[...]

More than a third of hospitality businesses ‘on the brink’ of closure News

More than a third of hospitality businesses ‘on the brink’ of closure

31 October 2022 by

More than a third of hospitality businesses are “on the brink” of going bust in early[...]

Cost of a flat white coffee 'could hit £4' as milk prices rise News

Cost of a flat white coffee 'could hit £4' as milk prices rise

20 October 2022 by

The price of a flat white coffee could exceed £4 by the end of the year[...]

Hospitality could face business rates 'cliff-edge' as inflation rises News

Hospitality could face business rates 'cliff-edge' as inflation rises

19 October 2022 by

Hospitality operators could face a huge rise in business rates next year following another jump in[...]

UK inflation hits double-digits for the first time since 1982 News

UK inflation hits double-digits for the first time since 1982

17 August 2022

UK inflation has hit double-digits (10.1%) for the first time in forty years, according to figures from the ONS.

Calls to cut hospitality VAT to combat price rises News

Calls to cut hospitality VAT to combat price rises

20 July 2022

Hospitality and food industry leaders have reiterated calls for a cut in VAT to help businesses cope with soaring inflation.

Hospitality food costs rise 'by up to 40%' as inflation hits prices News

Hospitality food costs rise 'by up to 40%' as inflation hits prices

18 July 2022 by

Food costs have risen by up to 40% due to inflation and supply chain disruption, according[...]

Foodservice inflation 'unlikely to fall below 7%' until 2023, report warns News

Foodservice inflation 'unlikely to fall below 7%' until 2023, report warns

15 July 2022 by

Foodservice price inflation is unlikely to fall below 7% until at least the second quarter of[...]

Calls to use unspent Covid support funds to help businesses with energy bills News

Calls to use unspent Covid support funds to help businesses with energy bills

17 June 2022 by

Unspent Covid support funds should be used to help hospitality businesses struggling with rising energy bills[...]

Restaurants cut back on fried dishes and premium products as prices rise News

Restaurants cut back on fried dishes and premium products as prices rise

24 May 2022 by

Restaurants are cutting back on fried dishes and taking premium products such as scallops off the[...]

Brighton Pier Group warns of possible price rises despite boost in profits News

Brighton Pier Group warns of possible price rises despite boost in profits

28 March 2022

Brighton Pier Group has warned that it may have to increase prices in response to rising inflation.

Food and drink price inflation forecast to continue to rise for up to six months News

Food and drink price inflation forecast to continue to rise for up to six months

18 February 2022

Food and drink price inflation reached 3.5% in December, with further increases to be expected over the coming months, according to the latest CGA Prestige Foodservice Price Index.

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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