"The downward movement marks an important break in the year's trends after six consecutive months of rising costs, bringing respite to the UK's hospitality and foodservice sectors ahead of the festive trading period. However, despite the dip, there remains significant volatility across several key food and drink categories. October's most significant downward movement was recorded in the vegetables category, where prices fell by -1.7% year-on-year."
"There was also an easing of inflation in October in the milk, cheese & eggs category, where prices fell 1.5% month-on-month. This reflects a softening in global dairy markets, with declines in whole milk powder and cheese quotations. Conversely, the meat & poultry category moved in the opposite direction, with prices rising +0.7%. While global meat indices have shown some easing, UK poultry markets face severe volatility due to renewed Avian Flu outbreaks."
Food and drink prices in hospitality fell by 0.3% in October 2025 according to the Foodservice Price Index. The drop ends six consecutive months of rising costs and offers temporary respite ahead of the festive period. Vegetables recorded the largest fall, down 1.7% year-on-year, driven by improved seasonal supply and better crop emergence and plantings across the UK, although potato yields and brassica sizes remain uneven. Milk, cheese & eggs prices eased 1.5% month-on-month amid softer global dairy markets. Meat and poultry prices rose 0.7%, with UK poultry markets particularly volatile due to renewed Avian Flu outbreaks.
Read at London Business News | Londonlovesbusiness.com
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