Report

Foodservice Price Index February 2024

The new edition of the CGA Prestige Foodservice Price Index reveals food price inflation in hospitality remains more than double the rate seen in the retail sector despite steady easing over the last 12 months.

Report

Foodservice Price Index February 2024

The new edition of the CGA Prestige Foodservice Price Index reveals 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 latest Foodservice Price Index reports month-on-month deflation for only the second time in 28 months, and the first time since October 2023. This signals a welcome steadying of markets, but whether it marks the start of much-needed longer-term stability remains to be seen.

The exclusive Foodservice Price Index is jointly produced by Prestige Purchasing and CGA by NIQ, using foodservice data drawn from 10.7m transactions per month. It contains myriad insights and information pertinent to the foodservice sector and is essential reading for anyone seeking to keep ahead of price trends and understand why they occur. More information on specific categories is available on a subscription basis.

For further information, contact Prestige Purchasing on 01908 222678 or stuart.read@prestige-purchasing.com.

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