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.
CGA reports provide in-depth data & insight on the out of home market, ranging from business leadership, consumer research to market growth. All reports are free to download unless otherwise stated.
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 GO Technology report reveals what aspects of the industry consumers love the most; from why people choose to go out instead of staying in, to what aspects of a pub, bar or restaurant’s offering would keep making them come back for more.
The CGA Prestige Foodservice Price Index recorded year-on-year inflation of 12.6% in January—a drop of 1.2 percentage points from December’s rate of 13.8%. It is the seventh successive month-on-month fall in inflation as markets adjust to falling commodity pricing.
Confidence among the leaders of Britain’s top hospitality businesses has been beaten down by severe cost pressures, the latest edition of the Business Confidence Survey reveals.
Britain’s number of licensed premises dropped by 0.8% in the fourth quarter of 2023, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
The CGA Prestige Foodservice Price Index recorded an inflation rate of 13.8% in December, marking a sixth consecutive month of decline. However, the pace of deceleration is slower than anticipated, despite moderation in price rises and the market stabilising.
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Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell again during the month of November to 15.0% – its lowest level since July 2022.
Explore exclusive insights into the habits and preferences of mixed drinks consumers and learn how to get ahead in an ultra-competitive market
The latest GO Technology report is an in-depth review of the GO Technology 2023 consumer research series, it explores the three key themes identified from the 2023 Reports.
Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) decreased for the fifth consecutive month in October, dipping below 20% year-on-year at 16.7% – its lowest level since August 2022.
Based on a nationwide survey of more than 1,000 artists and over 500 venues, the UK’s first Live Music Index found that if all venues with the potential to show live music did so, it could be worth up to £2.4bn in revenue in the hospitality sector.
The Hot Beverages Spotlight Report gathers the food & drink habits of out of home consumers across Britain, to provide an understanding of who the hot drink consumer is, what their preferences are, key channels and occasions to target, as well as threats and opportunities to help inform and shape a winning hot beverage strategy
The optimism of Britain’s hospitality leaders has risen for the fourth quarter in a row, but they remain concerned about inflation in key inputs, and the challenge of business rates.
Inflation as measured by the CGA Prestige Foodservice Price Index decreased for a third consecutive month in August, but remains above 20% year-on-year.Inflation as measured by the CGA Prestige Foodservice Price Index fell for the fourth month in a row in September to reach 18.3%—its lowest level since August 2022.
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