Numbers you need to know

Foodservice price inflation dips to pre-referendum levels in early 2018

Foodservice price inflation dropped back to 0.5% in February 2018—the lowest point since the EU referendum. That is the headline finding of the latest edition of the CGA Prestige Foodservice Price Index. The vote to leave the EU in June 2016 triggered an immediate weakening of the pound and a sharp spike in foodservice prices,…
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Foodservice price volatility goes on with 5.1% inflation in December

Foodservice price inflation rose to 5.1% in December 2017, the latest CGA Prestige Foodservice Price Index reveals—a sign of continued volatility in the market despite the easing of some pressures. It marks an increase in the rate of foodservice price inflation from November, when the Index stood at 3.4%—the lowest point since the start of…
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Foodservice price inflation eases to 3.4% in November 2017

Relief in pressures means figure has fallen below Consumer Price Index inflation, according to the latest CGA Prestige Foodservice Price Index. Foodservice price inflation fell for the third month in a row to reach 3.4% in November 2017, the new edition of the CGA Prestige Foodservice Price Index reveals. It means that inflation in wholesale…
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Restaurant Data Shows Unhealthy Eating Habits Driven by Work and Stress

Seasonal differences in eating habits are often ascribed to crash dieting before holidays, but comprehensive analysis of restaurant customer data shows that other factors like jobs and stress now play just as large a role. The day to day data, analysed from over 20,000 food orders by customer insight pioneer Ordoo, show that people’s behaviours shift…
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Weak pound keeps foodservice price inflation high at 8.8% in June

Exchange rate and a sharp increase in the price of fish among the inflationary pressures in the latest edition of the CGA Prestige Foodservice Price Index. Wholesale foodservice prices saw inflation of 8.8% in June 2017, according to the new edition of the CGA Prestige Foodservice Price Index. The rate is fractionally down on the…
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Price rises on the menu in 2017

Suppliers face rising costs as sterling falls in the wake of the Brexit vote – but clever tactics can keep things under control, says Prestige Purchasing CEO David Read. As we begin 2017 the media is overflowing with commentary about impending inflation. Purchasing offices throughout the country are packed with queues of suppliers asking for…
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Annual review 2016

From the Brexit vote to Jamie’s sugar tax jig it’s been a topsy-turvy year. January  À la poubelle. Upmarket restaurants start to ditch à la carte menus in an effort to cut back food waste. Figures released from WRAP’s Hospitality and Foodservice Agreement on waste show the sector edged towards a 5% waste prevention target…
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November in numbers

10% – levels of ‘fish substitution’ found in sushi restaurants Researchers from the universities of Salford, Bristol and Exeter analysed seafood samples from 30-odd sushi bars and restaurants. They discovered one in 10 fish was not the species stated on the menu. This represents “moderate” substitution and is way better than in the US, they…
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March in numbers

1.5°C – the rise in global temperatures countries have committed to Five years on from the disaster in Copenhagen, the world finally made a commitment to cut greenhouse gas emissions beyond 2020. At best, the 195 countries signed up want to keep temperature rises within 1.5°C. However, current commitments will result in 3°C, so there is…
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Numbers you need to know

Sign of the times More than 144,000 people signed a petition in support of a 7p charge on every regular-sized can of soft drink with added sugar. As is parliamentary protocol, the government considered the topic for debate. And then said no.   Hit hard in the pocket The hospitality sector’s wage bill will rise 3.4%…
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