Retailer Aldi sees cost pressures building

Aldi Ireland managing director Niall O’Connor indicated there are no plans to slow the opening of new Aldi stores in the coming months amid cost-of-living crisis

“Our priority is to insulate, as far as we can, the customer from what’s coming,” said Niall O'Connor, managing director of Aldi Ireland. Picture: Daragh Mc Sweeney

Aldi may be forced to put up its prices this year to absorb the huge rise in costs.

The discount grocer also said that it does not intend to cut opening hours to save on its energy bills. Some rival stores across Europe have announced plans to curtail winter opening hours. .