Food and beverage inflation low but pricing uncertainty looms

Foodservice pricing reached its lowest point for 12 months in February 2020 with the majority of food and beverage categories showing no or minimal year-on-year inflation, the latest edition of the CGA Prestige Foodservice Price Index reveals. However, with the global COVID-19 pandemic now causing major disruption to global supply chains, and prompting shutdowns of some industries and consumer sectors worldwide, it is likely that pricing will be volatile in the coming months.