Food bills continue to rise as grocery price inflation hits 6.3%

Spending on typical lunchbox favourites increased ahead of the new school term in September
Spending on typical lunchbox favourites increased ahead of the new school term in September

The cost of the weekly food shop in Ireland has continued to soar as new figures published today (Monday, September 22) show that grocery price inflation now stands at 6.3%.

The figures from Worldpanel by Numerator highlight the jump in grocery price inflation over the latest 12-week period, up from 5.4% in the previous 12 weeks.

According to Emer Healy, business development director at Worldpanel by Numerator, back to school shopping boosted grocery sales by 6.1% in the four weeks to September 7.

"Over the latest four-week period, shoppers spent an additional €5.3 million on sweet bakery items, fresh fruit, breakfast cereals and porridge, savoury snacks and yoghurt.

"Convenience is also a priority, with an extra €1.6 million spent on fresh and frozen ready meals and cooking sauces compared with last year," Healy added.

The latest analysis also details that overall, shoppers spent an additional €68.8 million on groceries in the four weeks to September, compared with the same period last year.

One key trend that emerged in the latest 12-week period under review is that households with children also made "greater use of online shopping" - spending an additional €6.6 million compared with the previous month.

Their online shop included an additional spend of €1.2 million on sliced meats, yoghurts, breakfast cereals and biscuits as they stocked up for school lunches.

Related Stories

According to Worldpanel by Numerator shoppers were also on the lookout for promotions - spending €758 million on promotional lines during the latest 12-week period, an increase of 8.2% on the previous year.

The latest figures show that promotional spending now makes up 21.5% of all grocery sales.

Shopper favourites in this category included laundry, water, squash, and smoothies.

Share this article