Foodservice prices rise 0.9% in September from August, NIQ says

By Public Technologies
  • Hospitality food and drink prices rose 0.9% month-on-month in September, according to the Foodservice Price Index from NIQ and Prestige Purchasing.
  • Higher crude oil prices and tighter agricultural supplies renewed inflationary pressure ahead of the crucial Christmas trading period.
  • Rising fuel costs increased transport and packaging expenses, while extreme weather tightened global crop markets.
  • Poultry and pork prices softened, providing limited relief against inflation across nearly the entire index.
  • Renewed input inflation threatens hospitality margins, putting operators under pressure to review menu prices.


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