NIQ: UK foodservice prices jump 1.8% in June, reversing May easing - NIQ News | RalliesNIQ: UK foodservice prices jump 1.8% in June, reversing May easing
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NIQ• UK foodservice prices rose in June
- NIQ Global Intelligence flagged a June jump in UK hospitality food and drink prices, up 1.8% month-on-month.
- The rise reversed May easing, with broad-based gains across most categories despite lower crude oil prices.
- Fish and seafood led increases, driven by tighter North Atlantic whitefish quotas and constrained farmed salmon supply.
- Meat and poultry inflation accelerated on limited cattle availability, while coffee, tea, and cocoa stayed elevated on weather and plantation issues.
- European heatwaves lifted vegetable costs, cut milk yields, and kept wholesale inflation resilient despite expected energy-linked relief.
