Grocers take in €2.6bn but spending growth slows

Spending growth at Irish supermarkets surprisingly slowed in recent weeks but the slowdown may be shortlived, according to the latest survey of the stores.

Market researcher Kantar said that the grocers took in €2.6bn in the 12 weeks to December 1. But at 2.3%, the rate of growth was down from the growth of 2.6% posted in its November survey.