Inflation in June 2024 stood at 3.6%, a rate now considered normal for the industry. The 12 consecutive months of decline are a very welcome trend for both businesses and consumers, who have faced several years of historically high inflation.
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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