Savings claims ‘off the mark’

CLAIMS the consumer will save close to €500 a year on food bills from the abolition of the Groceries Order are seriously wide of the mark, a new study claims.

The projected savings of €481 per annum could be half that, a top food analyst said yesterday.

The near €500 savings on the annual shopping basket were based on an estimated 9.2% reduction being achieved in prices, according to a study carried out by the Competition Authority.