Food Price Inflation
Wholesaler Brakes freezes prices on 1,850 own brand products
Foodservice wholesaler Brakes is holding prices on 1,850 own brand products until October of this year.
Foodservice price inflation slowly easing but remains above 20%
Year-on-year food inflation fell slightly to 20.6% in February 2023, the latest CGA Prestige Foodservice Price Index reveals.
Foodservice price inflation falls for first time since September 2021
Hotel and restaurant price inflation hits 31-year high
Foodservice price inflation hits 19.9%
More than a third of hospitality businesses ‘on the brink’ of closure
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
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
Hospitality operators could face a huge rise in business rates next year following another jump in[...]
UK inflation at 10.1% poses 'greatest challenge' for hospitality operators
Hospitality businesses have expressed concerns over UK inflation hitting double digits (10.1%) for the first time[...]
UK inflation hits double-digits for the first time since 1982
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
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
Food costs have risen by up to 40% due to inflation and supply chain disruption, according to the latest research from Fourth.
Foodservice inflation 'unlikely to fall below 7%' until 2023, report warns
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
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
Restaurants are cutting back on fried dishes and taking premium products such as scallops off the[...]
Wake-up call: the reasons behind the rise in food prices
A myriad of factors pushing food prices upwards are sending shockwaves that are being felt around[...]
Brighton Pier Group warns of possible price rises despite boost in profits
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
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.
Foodservice price inflation hits all time high as supply chain struggles with reopening
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.
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