UK Foodservice Operator Budgets to Remain Static in 2013 Says New Report

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New report: "UK Foodservice Operators' Business Sentiments and Spending Priorities 2013" added to Reportbuyer.com.

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According to the report 'UK Foodservice Operators' Business Sentiments and Spending Priorities 2013' respondents from companies operating in the UK profit sector channels are confident regarding the growth of the foodservice industry in 2013. The report's survey has concluded that of respondents from the profit sector channels, 62% are ‘very confident’ or ‘confident’ of revenue growth in 2013.

The highest percentages of respondents across the foodservice market profit sector channels expect supplier prices to increase. Survey results show that 94% of respondents from the caterers’ channel and 92% of respondents each from accommodation and restaurant channels expect an increase in supplier.

From the survey, 100% of respondents from the caterers’ channel and 97% of respondents from the pubs, leisure and travel channel expected supplier prices to increase during 2012. Additionally, the catering and other foodservice channels are expected to face a steep rise in food inflation in 2013. Moreover, increasing fuel costs have severely impacted supplier companies’ profit margins and, as a result, operators expect suppliers to pass on the price burden to their customers in 2013.
View the report: 'UK Foodservice Operators' Business Sentiments and Spending Priorities 2013'.

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