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…
Food and drink prices in the hospitality sector rose by 1.1% in December, with the Foodservice Price Index (FPI) reaching 152.8, NIQ and Prestige Purchasing revealed. This sharp upward movement marked a significant acceleration in inflation to close the year,…
Inflation in hospitality isn’t a straight line—it’s a moving target. In his recent talk at the FPI Annual Briefing, our very own Shaun Allen broke down the "year-on-year effect" and why we’re projecting a significant peak in the coming months…
At the FPI Annual Briefing in December, Karl Chessell from NIQ (CGA) shared some hard truths about the current state of the sector. While consumer love for hospitality remains high, the P&L is under a level of pressure we haven't…
In this latest FPI Market Update, Nicole Hardwick shares key reflections on what hospitality operators should be preparing for as we look ahead to 2026. With inflation remaining uneven across categories and market volatility set to continue, the discussion focuses…
At the FPI Annual Briefing, Prestige Purchasing Chairman David Read sat down with Kate Nicholls to discuss the key challenges and opportunities facing the hospitality sector. In this conversation, they explore the realities of inflation, cost pressures, consumer behaviour and…