The CGA Prestige Foodservice Price Index reported a sharp acceleration of price increases during January with year-on-year inflation of food and drink now running at +7.9%, more than twice the rate in December.
For the first time since its inception in 2016, every category in the index showed a month-on-month increase, with food as a whole leaping +4.4% compared to a month earlier.
Download the latest FPI Snapshot report.
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