Search
The Caterer

Hospitality must prepare for more increases in food and drink prices

26 September 2012 by
Hospitality must prepare for more increases in food and drink prices

Caterers, restaurants, hotels and pubs are urged to prepare for another wave of food and drink price hikes as a result of extreme weather and poor harvests both home and abroad.

Food service providers need to lock-in pricing deals now, warns buying specialist Lynx Purchasing; otherwise they risk seeing their margins eroded in the run-up to Christmas as suppliers impose higher tariffs on a wide range of staple food and drink products.

John Pinder, Lynx Purchasing managing director, said: "At the moment, there seems to be more bad news about global food supplies every day. Pubs, restaurants and hotels are gearing up for their busiest trading period of the year, and the certainty they need on both price and quality are hard to find."

Lynx will launch its latest Market Forecast, featuring advice and pricing predictions, at the Restaurant Show next month.

By Janie Manzoori-Stamford

E-mail your comments to Janie Manzoori-Stamford

here.

Tabletalk
Tabletalk
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com Catch up with more news and gossip on all Caterer's blogs
E-Newsletters For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.