The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA reveals that year-on-year inflation in the hospitality sector continued its downward trend in September, falling to 2.4%.

Year-on-year inflation in foodservice eased to 2.8% in August 2024, the latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA shows.

The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA by NIQ reveals more progress in the fight against inflation in the hospitality sector, with rates dropping to 3.1% in July.

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 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.