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Singapore's food inflation eases to 2.3% in February
Singapore's food inflation eases to 2.3% in February
Lower inflation for non-cooked food offset higher inflation for prepared meals.
Food and drink inflation doubles in January
Long-term sanctions on Russia’s economy might well raise inflation to levels “not seen for a generation,” Prestige Purchasing’s CEO said.
Restaurants, pubs grow like-for-like sales by 3% in February as cost pressures mount
Trading is also struggling to recover in London.
Singapore’s F&B sales up 9.5% YoY in January
Total sales value of F&B services in January this year was estimated at S$829 million.
City centres “building back” from COVID as hospitality sales rise
However, ongoing challenges in London remain.
Food and drink inflation surging, with more rises to come: analysts
Potential stability, however, is seen later this year.
Restaurants, pubs’ January deliveries up five-fold on pre-Covid levels
Deliveries and takeaways accounted for nearly 30 pence in every pound spent at managed restaurant and pub groups during the month.
Mental, physical health concerns resulting in bigger delivery appetite in Hong Kong: survey
60% of Hong Kongers now see food delivery “as a necessity”, Deliveroo said.
COVID-related requirements, staff turnover amongst ‘biggest’ issues for UK chains: study
Said challenges are directly impacting food safety standards, NSF International said.
Restaurants, pubs’ January sales up 3% on pre-COVID-19 levels
Regions are “in good growth” whilst London remains in the red.
An uptick in consumer confidence about safety and the easing of COVID-19 restrictions...
Online reviews can predict the failure of 7 out of 10 businesses, study claims
Researchers have developed a tool that uses customer ratings to analyse restaurants’ likelihood of success.
Five trends that will shape food-to-go recovery
2022 will be a year for reflection, innovation, concept development and new ways of doing business, an analyst said.
Easing of COVID restrictions nudges up out-of-home drinks sales
CGA is cautiously optimistic that pubs, bars and restaurants can build their sales over the coming weeks.
Shopper confidence at ‘lowest levels’ despite removal of COVID-19 restrictions
89% or nearly nine out of ten shoppers expect food prices to rise.
Singapore’s F&B sales up 7.4% in December
Total sales value of F&B services in December was estimated at S$855 million.
Limited to no meat intake for nearly half of Brits: study
Meat reduction has returned to around the level seen in 2019 following a dip in 2020, Mintel said.
Fourth-quarter openings deliver positive signs for hospitality as Plan B restrictions set to end
Licensed premises recorded a 1.6% net increase in the last three months.
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