B
Evidence Grade B
Graded
under review
Safe to Cite
Dated
17%
17% -- food price cost increase for UK hospitality venues (2023)
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
17%
Unit
Percentage
Data Vintage
2023
Entity
Sample Size
8,200
Geography
UK
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
UK Hospitality
Primary
Tier C
https://www.syrve.com/en-ae/blog/if-youre-raising-menu-prices-raise-your-game-too ↗
Source Article
If you're raising menu prices, raise your game too
Restaurants cannot absorb rising food and energy costs for ever. But if you’re going to raise menu prices, how should you do it? These tips will help ….
Within the global food and beverage industry, margins are under greater pressure than ever. Just take the UK for example. In a new survey across 8,…
Original Research
UK Hospitality
· Original study ↗
Methodology
Survey across 8,200 venues by UK Hospitality; average cost rises reported
Methodology documented
Segmentation
IndustryHospitality
RegionUK
Channelcontent
Cite this stat
Plain Text
UK hospitality venues: 17% food price cost increase. Source: UK Hospitality (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/uk-restaurants-food-price-rise-17pct
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<blockquote cite="https://lighthousedata.io/data/uk-restaurants-food-price-rise-17pct" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>17%</strong> -- food price cost increase for UK hospitality venues<br><small>Source: UK Hospitality (2023) · <a href="https://lighthousedata.io/data/uk-restaurants-food-price-rise-17pct" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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