Join Stuart Read and Nicole Hardwick for this month’s Prestige Market Movements update, your essential briefing on the latest shifts across the hospitality supply chain. In this episode, we break down the key commodity categories impacting operator margins right now,…
Food and drink prices in hospitality rose by 1.8% month-on-month in June, the latest Foodservice Price Index from NIQ and Prestige Purchasing reveals. The sudden inflationary spike follows an easing of prices in May. It highlights a complex and challenging…
In our latest video discussion, we sit down with industry experts to unpack why operational agility and supplier collaboration have become survival traits for modern hospitality brands. Touching on the immediate supply chain impacts of severe weather shifts - including…
Food and drink prices in the hospitality sector recorded a minor month-on-month decrease of 0.1% in May, bringing the Foodservice Price Index to 150.5, NIQ and Prestige Purchasing reveal. This slight deflationary movement offers a measure of stability following the…
Food and drink prices in the foodservice sector recorded a minor month-on-month decline of -0.2% in February, the latest Foodservice Price Index from NIQ and Prestige Purchasing reveals. The slight easing builds on a stabilisation of prices in January, bringing…
In the latest episode of the Prestige Market Updates, we break down the latest market shifts, from the choppy waters of the fish trade and the arrival of early UK crops to the far-reaching impact of the Iran conflict on…
Recent reports from government officials have detailed extensive contingency planning for the UK’s food and beverage supply chain. The government's current focus is a direct response to the escalating conflict in the Middle East, specifically the closure of the…
Food and drink prices in the foodservice sector recorded a minor month-on-month decline of -0.2% in February, the latest Foodservice Price Index from NIQ and Prestige Purchasing reveals. The slight easing builds on a stabilisation of prices in January, bringing…
Food and drink prices in the hospitality sector remained virtually flat in January, with month-on-month inflation slowing to just 0.02%, according to the latest Foodservice Price Index from NIQ and Prestige Purchasing. The deceleration brings welcome stability for operators following…
In this latest Market Update, Nicole Hardwick explores continued pricing pressure across key foodservice categories as winter conditions take hold. Fruit inflation remains elevated, rising 2.5% year on year, while operators are urged to focus on seasonal produce to manage…