The CGA Prestige Foodservice Price Index continued its strong upward trend during November 2022 to reach record inflation of 21.5%. This, it says, marks a tenth consecutive month of double-digit inflation, and the first time in the history of the Index that inflation has exceeded 20%. “All categories of the Index recorded double-digit inflation, and...
New analysis by the Energy and Climate Intelligence Unit (ECIU) says the price of a tonne of liquid CO² is now up to 3000% higher than a year ago. The UK’s food and drink sector will inevitably be affected if gas prices stay high, they report. Ultimately, these costs are likely to end up on...
The latest Sentiment Tracker highlights consumers concerns particularly regarding the cost of living – unsurprisingly. Some of the key findings are: Fewer people expect to take UK trips in the next 12 months (versus pre pandemic times) 4 in 5 (80%) of UK adults think ‘the worst is still to come’ in relation to the...
A report by David Edwards on the prospects for domestic, inbound and outbound tourism in 2023 has been released. The report, for ALVA (the Association of Leading Visitor Attractions), analyses health, the global and national economic climate and geopolitical factors before discussing what these factors will mean for the tourism industry next year. Some key...
With the big summer getaway in full swing, CaravanGuard has asked owners where they would be going on their motorhome holidays this summer. Sixty-nine percent said they would be staying in the UK. Aside from a UK-based motorhome holiday, the second most popular motorhoming destination was France with a fifth of the votes. A longer...
Post Office Travel Money’s annual Family Holiday Report, which compares prices in 16 Eurozone holiday destinations, reveals that prices have risen in three quarters of them since the pre-Covid summer of 2019. It says that sterling’s recent fall has meant price rises for Britons in most European holiday hotspots. Read the full report here.
July saw the highest rate of shop price inflation since the British Retail Consortium’s index began in 2005, as heightened cost pressures continued to filter through to customers. The Consortium says that rising production costs – from the price of animal feed and fertiliser to availability of produce, exacerbated by the war in Ukraine –...
A study just released by the Office for National Statistics (ONS) looks into how spending has changed since the end of coronavirus restrictions. The study shows: Shopping online became the norm during the coronavirus pandemic, but for some sectors, the sharp shift towards online purchases may be more lasting. Despite restrictions easing and people returning...
Government has now released the results from last year’s Census Day (21 March 2021). It shows the size of the usual resident population in England and Wales was 59,597,300 (56,489,800 in England and 3,107,500 in Wales); this was the largest population ever recorded through a census in England and Wales. The population of England and...
The International Vacation Confidence Index from Allianz Partners has found that while travel confidence is high, more people are planning to staycation than travel abroad this summer, despite Covid-19 restrictions lifting. According to the new research for the first summer edition of the International Vacation Confidence Index, the uncertain economic situation poses the main challenge...