Food inflation
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Food prices fall for the first time since 2006
THE BRC-NIELSEN shop price index, released in November, has shown a decrease in food prices for the first time in almost a decade. Food reported annual deflation for the first time… Read More
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Experts warn of food prices returning to 2% inflation in 2015, after a year of falling prices
A PROCUREMENT specialist for the food service industry is predicting that food inflation will increase to 2.03 per cent next year. This follows a year in which food and drink went into annualised deflation for the first time in 14 years. … Read More
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January monthly market insight
PRESTIGE PURCHASING’S Christopher Clare, gives Footprint readers exclusive access to its hot-off-the-presses January monthly market insight. The top movements this month relate to the fresh produce and fish and seafood markets. Price changes over the festive period have not… Read More
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Food inflation rates to continue to beat Consumer Price Index
CHICKEN AND pork prices expected to drop, but food inflation rates are to continue to beat CPI rates as it eases slightly from 4.4% to 3.8% in 2014. Prestige Purchasing, procurement specialist… Read More
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Searcys looks to the future through major supply chain efficiency review
CATERER AND operator, Searcy’s has appointed leading procurement consultants Prestige Purchasing to undertake a value chain review. With recent reports predicting food inflation to be 4.2 per cent at the end of the year, the aim is to mitigate overall… Read More
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Vegetable inflation rate over 5% as food and drink inflation rates heads towards 2008 peak
OPERATORS ARE being warned that they will need to take steps to mitigate the impact of a continued surge in food inflation, which is expected to rise further in 2013 and beyond. An annual Food Inflation Report published by… Read More