Published August 10, 2017

Weak pound keeps foodservice price inflation high

The weakened value of the pound in June kept food prices high for Britons. According to the CGA Price Index, fish products were the most highly affected, reportedly due to sea lice farming problems.

Overall, the lessened value of the pound has had the most prominent effect on prices across nearly all food products, from fish, to coffee, to fruit.

According to CGA’s commercial director, Brexit is the main cause of the lower exchange rate, leading to the inflationary prices.

Wholesale fish sellers will be better able to handle these issues if they can optimize their pricing strategies.

Read more: Weak pound keeps foodservice price inflation high

Related Post:
  1. Chefs serve spring on a platter with edible flowers
  2. The art of winning and retaining staffers’ trust
  3. Great Uses for Off Cuts of Salmon
  4. 6 of the Healthiest Ethnic Cuisines
  5. Survey: 70 Percent of People Eat Sandwiches Twice a Week
  6. MillerPulse: Same-store sales plunge in December
  7. Restaurant Marketing: How to Increase Your Bottom Line by 20%
  8. Get the Word Out About Your Restaurant, For Cheap
  9. Use recipe contests to boost worker engagement
  10. Where there’s smoke, there are cocktails