Food prices on foodservice outlet menus increase +2.5% between February and April last year, ccoring to Lumina Intelligence’s Menu Tracker.
On average, the price of a dish on operator menus is £6.97, up by 2.5% since February 2022. coffee & sandwich shop prices have increased by 4.8% in the same period.
Meanwhile, the price of drinks on menus has risen by 1.9%, with coffee & sandwich shops implementing the largest rises. Alcoholic drinks in pubs & bars rose in price by 2.4%.
Senior insight manager at Lumina Intelligence, Katherine Prowse, said: “Price increases are being driven by food menus overall. Operators are passing price rises on as a result of the inflation surrounding food costs from the war in Ukraine, spike in cost of fuel and supply shortages.
With inflation expected to continue to rise, operators face a significant challenge around managing costs and attracting footfall, as consumers monitor their expenses as the cost of living continues to increase. Using our data, we will keeping a very close eye on this trend.”
