Food Price Inflation
Foodservice inflation decreases for fifth consecutive month
Inflation in foodservice decreased for the fifth consecutive month in October, reaching its lowest level since August 2022.
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%
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%
Costs crisis wipes out hospitality's growth despite increase in October sales
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
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 since 1982."
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[...]
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 the world, says Oliver Hall"
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.
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