Research
1 in 2 restaurants are jacking up prices over high energy costs
1 in 2 restaurants are jacking up prices over high energy costs
43% of restaurant operators are mulling raising prices even more.
Food prices climbs for nine consecutive months
Prices increased by 19.9% in October.
Staffing crisis leaves 1 in 9 hospitality jobs vacant
The staff turnover rate was at 8.3%.
Fall in living standards to bite spend on pubs, restaurants: analyst
Office for Budget Responsibility estimates living standards to fall by 3.4%.
Britain's hospitality sector sales grows by 1.5% in October
However, inflation is making sales significantly behind 2021 and 2019 in real terms.
More than half of UK consumers order less from restaurants
This as they save money amidst cost pressures.
Contact catering sales down 9% from pre-COVID-19 levels
Inflation is blamed for the decline in sales.
Domino’s total system sales down 8.3% YoY in Q3 22
The pizza chain posted £344.7m of total system sales.
Food, drink inflation hits nearly 20% in September
This is the eighth consecutive month of double-digit inflation.
Inflation munches on UK’s F&B market growth: report
2022 is expected to finish with a 2% decline in growth compared to last year.
64% British consumers say eating, drinking brands can be more eco-friendly
Nearly half of consumers said a venue’s sustainability choices are important.
More than 8% of workforce left hospitality sector between August and September
It’s the highest percentage of quitters since 15.6% left their roles in the pandemic.
Drinks in delivery, takeaway sales show growth: CGA tracker
Drinks sales go up by 15% in early months of 2022.
Halloween boosted takeaways surge by 21%: report
Bromley, Barking, Dover, and Stock-on-tees, with all areas seeing a 200% increase in takeaway orders.
Just Eat Takeaway back to profitability earlier than expected
It was driven by higher average transaction value and positive FX.
Tea over booze: More than half of millennial tea lovers get tea as liquor alternative
Almost 4 in 10 millennials reduced alcohol intake to save money.
Hospitality groups’ September sales sag
Like-for-like sales were 3% lower than in the same period last year.
