Agri-Business
Grocery inflation has continued to rise, increasing from 5.43% to 5.86% over the past 12 weeks, according to new data.
Minister Niamh Smyth noted CCPC research suggests grocery price inflation is likely driven by increasing costs, such as agricultural produce.
Irish shoppers spent an extra €15.3 million on seasonal Easter confectionary this year, according to the latest data from Kantar.
Consumers buying Hallowe'en treats and Christmas staples have driven the biggest sales month this year for grocers, according to Kantar.
Rural Life
Take-home grocery sales rose by 5.4% in the four weeks to September 1, as Irish households prepared for the new school year, Kantar said.
Consumers seem to be turning to own label products, with an additional €59.2 million spent in the four weeks to August 4, according to Kantar
Grocery inflation remains at its lowest level since March 2022 despite a slight increase in the latest data published by Kantar.
A new report from Kantar shows grocery inflation stood 2.5% in the 12 weeks to the June 9, 2024, the lowest inflation level since March 2022.
Irish shoppers have spent a record €9.9 million on Easter eggs this year, according to latest figures by Kantar.
Grocery price inflation has now reached its lowest level in two years after falling for the eleventh month in a row in March 2024.
Irish grocery price inflation has dropped to 9.8% this month, which is the first time single figures have been recorded so far this year.
Grocery inflation has fallen for the fifth month in a row and is now at it's lowest level since September 2022
Grocery inflation rose by 12.8% in the 12 weeks to August 6, the lowest level since November 2022, according to Kantar.
Consumers spent an additional €3.6 million on chilled burgers, grills and ice-cream in the four weeks to July 9 new grocery report shows.
Irish grocery inflation has fallen to its lowest level so far this year, according to new data published today (Monday, June 26) from Kantar.
The Competition and Consumer Protection Commission (CCPC) has found no evidence of excessive pricing in the Irish grocery retail market.
Tesco Ireland has announced that it will cut the prices of over 700 products in its 166 stores across the country and online.
Consumers are turning to shopping little and often to help manage household budgets as high grocery inflation continues, according to Kantar.
Retailers said consumers will benefit from grocery price cuts, but only where inputs cost reductions filter through to products.
The Competition and Consumer Protection Commission (CCPC) has warned against placing food price controls on groceries, the Taoiseach said.
The government is calling on retailers to protect the prices paid to farmers while reducing costs for consumers in supermarkets.
Reductions in the price of milk and butter by major supermarkets in Ireland are "tokenistic," according to the Social Democrats.
