Hospitality food prices rise again as supermarket prices ease
According to the CGA, the difference in prices is caused by the fact that the major grocers, by owning 75% of the market, are more able to exploit their scale with sophisticated contracting and controlled distribution
Month-on-month food inflation in hospitality was more than five times higher at 2.2% compared to supermarkets where prices increased by just 0.4% in June, according to CGA’s prestige foodservice price index.