Grocery spending rises despite tighter prices

Shoppers have continued to spend more at supermarket tills even with an easing in price reductions, new figures show.

Latest data from consumer insights agency Kantar Worldpanel covering the 12 weeks to early October show an easing in standard grocery price deflation, with prices falling 0.1% in the period compared to a 0.4% fall in the preceding quarter.

Nevertheless, shopper spending continued to rise with a 2.1% year-on-year increase noted for the period. In the 12 weeks to October 8 consumers spent more than €2.37bn on groceries across the five main players.