Deflation

Today’s news in brief – 10/04/25

Cooks Coffee has seen store sales rise 26.4% to £35.1m in the year to 31 March 2025, with fourth quarter sales having jumped 35% to £9.5m due to strong trading momentum. It comes as the operator of the Esquires coffee chain expanded its estate in the year, from 75 to…

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Foodservice YoY inflation holds steady at 1.8% in February

Foodservice inflation held steady at 1.8% year-on-year in February, while month-on-month inflation saw a slight decrease of 0.1%, according to the latest CGA Prestige Foodservice Price Index (FPI). While this reflects some stability for the foodservice sector over the past year, the underlying global economic factors and domestic policy changes…

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Confronting the realities of foodservice inflation

The latest CGA Prestige Foodservice Price Index (FPI) brought a rare moment of relief to the UK. January 2025 marks the 19th consecutive month of slowing year-on-year inflation. Monthly inflation across the basket of measured items held at 1.8%, while month-on-month inflation remained flat at 0.0% – a welcome pause…

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Foodservice inflation falls for 19th month in a row in January

Foodservice inflation has seen its 19th consecutive month of decelerated year-on-year inflation in January, according to CGA and Prestige Purchasing foodservice Price Index (FPI).  Monthly inflation in the total basket of items measured by the index stood at 1.8%, while month-on-month inflation was flat.  While this data brings a welcome…

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Foodservice prices rise 1% in December as inflation concerns mount

Foodservice prices rose by 1% from November to December – the highest monthly jump since June 2024 – raising fears of renewed price pressures for the UK’s hospitality sector. While year-on-year inflation dropped to 1.9% in the final month of 2024, the latest Foodservice Price Index report from Prestige Purchasing…

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Foodservice price inflation under threat after November prices rise

While year-on-year inflation fell to 2%, the 17th consecutive period of decline, November brought a return to month-on-month inflation with a 0.3% increase in prices, the Foodservice Price Index (FPI) from Prestige Purchasing and CGA by NIQ revealed.  This, combined with the potential impacts of the Autumn Budget, raises worries…

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Hospitality inflation falls to 2.2% in October

The hospitality sector saw year-on-year inflation fall to 2.2% in October according to the latest Foodservice Price Index report from Prestige Purchasing and CGA by NIQ.  As the 16th consecutive month of inflation decline, the report says it provided further relief for businesses and consumers after years of high inflation. …

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Mitchells and Butlers sees LFL sales rise by 5.2%

Mitchells and Butlers has reported a 5.3% like-for-like sales growth for the 51 weeks ended 21 September 2024 and a 5.9% increase in total sales in the year to date. The group’s food sales were up 5.3% for the year to date, while its drink sales increased by 4.9%. Like…

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Foodservice YoY inflation falls for 12 consecutive months

Year-on-year inflation in the foodservice sector has fallen for 12 months in a row, according to the latest Foodservice Price Index from Prestige Purchasing and CGA by NIQ. It comes as inflation in June stood at 3.6%, a rate now considered normal for the industry.  The 12 consecutive months of…

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Mitchells and Butlers LFL sales rise 3.4% in Q3

The operator of All Bar One and Toby Carvery, Mitchells and Butlers, has reported that like-for-like sales rose 3.4% during the third quarter to 20 July, as sales remained ahead of the market despite the generally wet weather.  Following a “very” strong start to the year, the group’s Q3 growth…

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