Market Report – Winter 2024

Market Report – Winter 2024

OVERVIEW From the highest annual food inflation rate in over 45 years (19.2%) recorded in March 2023, inflation in the year to December 2023 slipped to 8% * [Source: ONS Feb ’24], a welcome start to the New Year. Whilst this reduction is welcome to all in the...
Autumn Market Update, October 2023

Autumn Market Update, October 2023

Overview Whilst food inflation remains in double digits, there is light at the end of the tunnel with the latest ONS statistics reporting a fall in the headline annual food inflation.  The UK reliance on imports to bridge the gap in home grown/produced products...
Enhance Spring Market Update – April 2023

Enhance Spring Market Update – April 2023

Inflation continues to dominate the hospitality industry, with the latest data reporting food inflation for February dropping slightly from the record high in December of 22.9% to 20.6% YoY. Whilst the major elements contributing to food prices are now more stable...