Food prices fall as inflation hits 28-month low, CGA report finds
May also saw month-on-month deflation of negative 0.4% – only the fourth such decrease in the last 32 months
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Year-on-year inflation for the hospitality sector has fallen to 4.6%, the lowest Foodservice Price Index figure recorded in 28 months by Prestige Purchasing and CGA’s Foodservice Price Index report, revealing more positive trends for the industry.