Unstable pricing ahead, predicts CGA Prestige Foodservice Price Index

Unstable pricing ahead, predicts CGA Prestige Foodservice Price Index David Foad27th May 2020 - 08:57 ImageAbstractThe CGA Prestige Foodservice Price Index recorded deflation for the first time in its history in March 2020, but the COVID-19 pandemic is set to create significant instability in pricing in the months ahead. The Index has continued a downward trend that began last July, and reached a year-on-year deflation rate of -2.9% in March. However, multiple impacts and pressures from the pand