The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA reveals more positive trends for the hospitality sector, with inflation dropping again in May 2024. Year-on-year inflation fell to 4.6%, the lowest figure recorded by the Index in…
The latest Foodservice Price Index (FPI) report for April 2024 brings encouraging news for the foodservice industry, suggesting a return towards normalcy as inflation rates continue to decline. The report indicates a significant year-on-year fall of 2.5 percentage points to…
A new strain of bluetongue virus has emerged, casting a shadow over England's livestock industry. Experts warn that its impact could be devastating on livestock herds across England. The bluetongue virus, transmitted primarily by biting midges, affects ruminants such as…
CGA Prestige Foodservice Price Index inflation dips below 10% for the first time in two years Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell below 10% in March for the first time in two years. The…
Food price inflation in hospitality remains more than double the rate seen in the retail sector despite steady easing over the last 12 months, the new edition of the CGA Prestige Foodservice Price Index reveals. In March 2023, the level…
Introducing Category Forecasts For the Foodservice Price Index
The CGA Prestige Foodservice Price Index recorded an inflation rate of 13.8% in December, marking a sixth consecutive month of decline. However, the pace of deceleration is slower than anticipated, despite moderation in price rises and the market stabilising. The…
The latest ONS figures for the Consumer Prices Index (CPI) have shown that inflation rose by 4.0% in the 12 months to December 2023, up from 3.9% in November. This is the first time the rate has increased since February…