Irish supermarket price inflation eases back to 2.5% this summer, as spending lifts off to €2.49bn

Price inflation at Irish supermarkets has eased somewhat this summer but continues at a fair clip of 2.5% despite the rise in the euro against sterling, a leading survey of the big five grocers suggests.

Market researcher Kantar said the annual inflation rate of the 30,000 grocery items it tracks was running at 2.5% in the 12 weeks through August 11.