The majority of Index categories maintained double-digit year-on-year inflation in December, and the Vegetables category recorded a rate above 20%, primarily driven by substantial increases in potato prices. Only one category, Oils & Fats, achieved deflation, with a 1.1% year-on-year decrease.
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.
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.
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.
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.
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.
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.
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.
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.
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