The latest CGA Prestige Foodservice Price Index reveals sixth consecutive month of double-digit inflation and concerns about droughts as the sector continues to face high levels of inflation despite relief in some commodities.
Prices in all ten categories of the Index recorded upward year-on-year movement, with two experiencing inflation of more than 20%. Nine categories saw a month-on-month increase as well, with prices in two—Dairy and Oils & Fats climbing by around 4% from June. Overall, food prices increased by 1.6% over the month, and year-on-year inflation stayed in double digits for the sixth month in a row
Download the latest FPI Snapshot report.