Hospitality food price inflation remains 'more than double the rate' of retail
By James McAllister
Last updated on
Credit: Getty / coldsnowstorm
Hospitality food price inflation remains more than double the rate seen in the retail sector despite steady easing over the last year, the latest CGA Prestige Foodservice Price Index reveals.
Britain’s leading managed restaurant groups achieved year-on-year sales growth of 8% in delivery sales in February 2024, CGA by NIQ’s new Hospitality at Home Tracker shows.
Britain’s top hospitality groups achieved modest like-for-like sales growth of 1.4% in February, the latest CGA RSM Hospitality Business Tracker reveals.
Chancellor Jeremy Hunt has frozen alcohol duty until February 2025 in a ‘tax-cutting’ Budget designed to warm up voters ahead of an imminent general election.