UK | Inflation
Year-on-year inflation in the food basket of the CGA Prestige Foodservice Price Index — excluding beverages — was even higher at 24%.
December 2022 marks the eleventh consecutive month of double-digit inflation, after a year of intense inflationary pressures for foodservice businesses. Year-on-year inflation in the food basket of the Index—excluding beverages—was even higher at 24%.
All ten categories of the Index recorded inflation of at least 10% in December, with more than half topping 20%. The Oils & Fats category led the
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