Foodservice Price Index August 2023
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 decreased for a third consecutive month in August, but remains above 20% year-on-year.
The ‘Food Insights Report 2023’ from CGA by NIQ explores what’s hot and what’s not in cuisines from around the world, as well as the barriers that consumers face, such as supply and demand issues, and lack of sampling opportunities.
Inflation as measured by the CGA Prestige Foodservice Price Index fell marginally to 21.7% year-on-year in July.
As more and more consumers become aware of nutrition and wellbeing, CGA by NIQ’s new ‘Food Insights Report’ reveals how wholesalers can work with operators to ensure menus meet consumers’ needs.
CGA by NIQ’s latest ‘Food Insights’ report reveals the motivations and preferences of dessert-buying consumers and what suppliers and operators can do to generate more spending.
‘Food Insights 23’ offers a wide range of actionable data and expert analysis on many areas of out-of-home eating, to help suppliers and operators respond to the latest developments in consumers’ habits. It explores topics including emerging food trends, global cuisines, new menu options and the needs of consumers with dietary requirements.
With consumers’ habits and preferences evolving fast, CGA by NIQ’s new ‘Food Insights Report’ sets out the key developments and growth opportunities for On Premise suppliers, wholesalers and operators.
Year-on-year inflation as measured by the CGA Prestige Foodservice Price Index increased again to 21.6% in May—only just below the record high of 22.9% of December 2022.
Year-on-year inflation in foodservice prices rose unexpectedly to 21.4% in April 2023, according to the new edition of the CGA Prestige Foodservice Price Index.
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