Business Confidence Survey August 2024
Britain’s hospitality leaders are cautious about the future as pressure on the cost of doing business continues, CGA by NIQ’s latest Business Confidence Survey reveals.
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Britain’s hospitality leaders are cautious about the future as pressure on the cost of doing business continues, CGA by NIQ’s latest Business Confidence Survey reveals.
Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
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.
The latest ‘Mixed Drinks report’ from CGA by NielsenIQ explores consumer habits and drivers, preferences and expectations by channel and occasion, how consumers are engaging with cocktails in the French market.
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.
The latest Foodservice Price Index report from Prestige Purchasing and CGA brings encouraging news for the foodservice industry, with inflation rates returning towards more normal levels. The report for April 2024 indicates a significant year-on-year fall in inflation of 2.5 percentage points, continuing a steady trend towards stability in pricing that will be welcome news for both businesses and consumers.
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CGA by NIQ’s Ireland Consumer Insight Report 2024 offers the latest high-quality insight on the On Premise channel, providing brands, operators, and suppliers with a detailed look into consumer behaviour and an understanding of how to effectively maximise your strategies.
The optimism of Britain’s hospitality leaders has slightly declined over the last quarter with costs still high over last year. There are still some positive indications with slowing rate of increase, while some even report a decrease in costs.
Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell below 10% in March for the first time in two years.
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